Care REIT plc (LON: CRT)
London flag London · Delayed Price · Currency is GBP · Price in GBX
83.10
+0.80 (0.97%)
Nov 21, 2024, 1:20 PM BST

Care REIT Company Description

Impact Healthcare REIT plc acquires, renovates, extends and redevelops high quality healthcare real estate assets in the UK and lets these assets on long-term full repairing and insuring leases to high-quality established healthcare operators which offer good quality care, under leases which provide the Company with attractive levels of rent cover.

The Company aims to provide shareholders with an attractive sustainable return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified and resilient portfolio of UK healthcare real estate assets, in particular care homes for the elderly.

The Company's dividend policy is to maintain a progressive dividend that is covered by adjusted earnings.

On this basis, the target total dividend for the year ending 31 December 2024 is 6.95 pence per share, a 0.18 pence increase over the 6.77 pence in dividends paid or declared per ordinary share for the year ended 31 December 2023.

The Group's Ordinary Shares trade on the main market of the London Stock Exchange, premium segment. The Company is a constituent of the FTSE EPRA/NAREIT index.

Care REIT plc
Country United Kingdom
Founded 2016
Industry REIT - Healthcare Facilities
Sector Real Estate

Contact Details

Address:
The Scalpel, 18th Floor
London, EC3M 7AF
United Kingdom
Phone 44 20 7409 0181
Website impactreit.uk

Stock Details

Ticker Symbol CRT
Exchange London Stock Exchange
Fiscal Year January - December
Reporting Currency GBP
SIC Code 6798

Key Executives

Name Position
Mahesh Shivabhai Patel A.C.A. Managing Partner of Impact Health Partners LLP
Andrew Cowley M.A. Managing Partner of Impact Health Partners LLP
David Yaldron F.C.A. Finance Director of Impact Health Partners LLP
Killian Currey-Lewis C.A. Investment Director of Impact Health Partners LLP
Chris Nicholson CGMA Accountant
Martin Robb Managing Director of Impact Health Partners LLP