Real Estate income fund,10.3% dividend yield April Factsheet

Real Estate Credit Investments
[shareaholic app="share_buttons" id_name="post_below_content"]

Real Estate Credit Investments Ltd (LON:RECI), a non-cellular company incorporated in Guernsey, has announced that its Investment Manager’s monthly Fact Sheet as at 30 April 2024 is now available on the Company’s website at:

–             As at 30 April 2024, the Company was invested in a diversified portfolio of 31 investments with a valuation of £309.6m.
–             Cash Balance as at 30 April 2024 was £20.9m. Net effective leverage is 2.2%.
–             RECI continues to use its cash to invest in its existing commitments in highly accretive wider opportunities in senior mortgage lending.
–             As at 30 April 2024, there are 225.2m shares with voting rights in issue, reflecting a NAV per share of 145.9p.
–            A full attribution of changes in the NAV per share is presented in the table:
March NAV144.5p
Interest income1.1p
Asset valuations-0.0p
FX0.1p
Expenses-0.2p
Buyback0.4p
April NAV145.9p

Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Explore insights on Real Estate Credit Investments Ltd (LON:RECI) as Hardman & Co's Mike Foster discusses the company's strategies and market trends.
Discover Real Estate Credit Investments Limited's October 2024 Fact Sheet. Explore their robust £313.9m portfolio and commitment to stable returns.
Real Estate Credit Investments Limited (LON:RECI) clinches the Best Specialist Debt Investment fund 2024 award, excelling in European real estate credit.
Real Estate Credit Investments names Mark Thompson as independent non-executive director, effective November 2024, enhancing board expertise.
Explore strategic insights from top funds like Fidelity Special Values and JPMorgan European Discovery, highlighting real estate credit and Asian markets.
Hardman & Co analyst Mark Thomas delves into Real Estate Credit Investments' strategic shifts, market outlook, and risk factors in a detailed interview.

Search

Search