Impact Healthcare REIT PLC Edison issues update on Impact Healthcare REIT
August 23 2023 - 6:17AM
RNS Non-Regulatory
TIDMIHR
Impact Healthcare REIT PLC
23 August 2023
London, UK, 23 August 2023
Edison issues update on Impact Healthcare REIT (IHR)
Impact Healthcare REIT delivered strong operational and
financial progress in the six months to 30 June 2023 (H123).
Completion of additional interest rate hedging arrangements, with
interest costs on 92% of drawn debt now fixed or hedged, provides
visibility over debt costs and Impact's ability to continue to pay
fully cash-covered progressive dividends.
The FY23 DPS target represents an attractive yield of 8.0%,
which we expect to again be fully covered by adjusted 'cash'
earnings. Meanwhile, the shares trade at a c 25% discount to H123
NAV per share.
Click here to view the full report.
All reports published by Edison are available to download free
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www.edisongroup.com
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meetings.
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Martyn King +44 (0) 20 3077 5700 financials@edisongroup.com
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August 23, 2023 06:17 ET (10:17 GMT)
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