Report

Picton Property Income - Strong Q322 returns and dividend increase

Picton Property Income has increased the rate of quarterly DPS by 2.9% in respect of the three months ended 31 December 2021 (Q322), restoring the annualised rate to pre-pandemic levels. Including strong growth in NAV and adjusted for DPS paid, the Q322 NAV total return was 8.2% and is now more than 19% in the year to date.
Underlying
Picton Property Income Limited

Picton Property Income is an internally managed property investment company which invests in commercial property throughout the U.K. As of Mar 31 2017, Co.'s property portfolio consisted of 53 assets and was invested in the industrial, office, retail, retail warehouse and leisure sectors.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Martyn King

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