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RNS Number : 2327K 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
(https://www.edisongroup.com/research/impact-healthcare-reit-interest-hedging-provides-dividend-visibility/32625/)
to view the full report.
All reports published by Edison are available to download free of charge from
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About Edison: Edison is a leading research and investor relations consultancy,
connecting listed companies to the widest pool of global investors. By
focusing on the volume and quality of investors reached - across institutions,
family offices, wealth managers and retail investors - Edison can create and
gauge intent to purchase, even in the darkest pools of capital, and then make
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Having been the first company in-market 17 years ago, Edison has more than 100
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