Primary Health Properties’ rent reviews generated an additional £3mn of income in the first quarter, reflecting growth of 3.4% on an annual basis.
To date, the group has delivered £7.8mn of its £9mn annualised cost savings target from the Assura acquisition.
A second quarterly dividend of 1.825p per share will be paid on 8 May 2026, an increase of 2.8%.
The shares were broadly flat in early trading.
Our view
HL view to follow.
Primary Health Properties key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
This article is not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.