Sat, 15 May 2021

Regional REIT (RGL): Fully Covered High-Yielding Dividend

ACCESSWIRE
13 Apr 2021, 21:05 GMT+10

LONDON, UK / ACCESSWIRE / April 13, 2021 / While Regional REIT's (RGL's) uninterrupted quarterly FY20 DPS payments backed by consistently strong rent collection has been known for some time, the recent FY20 results confirmed full cover by EPRA earnings. RGL remains very positive about the prospects for high-quality regional offices with affordable rents and with its diversified portfolio of attractively yielding assets RGL will continue to maximise dividend distributions.

RGL continues to offer one of the highest yields in the UK REIT sector, with dividends fully covered by EPRA earnings. Its FY21e yield of 8.0% is significantly above close peers with a similar P/NTA.

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Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

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SOURCE: Edison Investment Research Limited



View source version on accesswire.com:
https://www.accesswire.com/639916/Regional-REIT-RGL-Fully-Covered-High-Yielding-Dividend

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