Impact Healthcare REIT - FY21 DPS target increased
Impact Healthcare REIT’s tenant care home operators have demonstrated a high level of resilience during the pandemic, and the vaccine roll-out, which is proceeding quickly, should support efforts to rebuild occupancy. Rents have continued to be paid in full, as expected, and with the FY20 DPS target met, the FY21 target is increased by 1.9%, fully covered by our FY21e adjusted (cash) earnings. We expect continuing, selective and accretive acquisitions as available capital is deployed.
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