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Real Estate Credit Investments Pcc Ltd

Current Price 118.00p Bid 117.50p Ask 118.50p Change 0.00%
Last Updated: 09/05/2024 11:23. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Real Estate Credit Investments Limited is a Guernsey-based closed-end investment company. The investment objective of the Company is to provide shareholders with attractive and stable returns, primarily in the form of quarterly dividends, by exposure to a diversified portfolio of real estate credit investments, predominantly comprising real estate loans and bonds. It invests in real estate debt secured by commercial or residential properties in the United Kingdom and Western European countries, focusing primarily on those countries where it sees the changing dynamics in the real estate debt market offering a sustainable deal flow for the foreseeable future. Its segments include the Bilateral Loan and Bond Portfolio and the Market Bond Portfolio.

Financial Highlights Year Ended 31/03/2020

Revenue
£26.43m
Operating Profit/Loss
£-15.93m
Dividend yield (%)
10.30
Total dividend for year
12.0000p
Dividend cover
-0.72
P/E Ratio
n/a

Key Personnel

Mr Colleen McHugh
Independent Non-Executive Director
Mr Sally-Ann Farnon (Susie)
Independent Non-Executive Director
Mr Bob Cowdell
Non-Executive Chairman
Mr Andreas Tautscher
Non-Executive Director
Mr John Edward Hallam
Senior Independent Non-Executive Director

Stock Details

EPIC
RECIL
ISIN
GB00B0HW5366
Shares in Issue
72.82m
Market cap
£85.93m

Analyst Views (2)

Strong Buy
 
50.00%
Buy
 
50.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
118.00p
Bid Price
117.50p
Ask Price
118.50p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
117.50p
Previous Close
118.00p
Intraday High
118.00p
Intraday Low
118.00p
52 Week High
132.00p
52 Week Low
114.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
26.43
22.31
Operating Profit/Loss
-15.93
20.44
Net Interest
-1.49
-1.20
Pre-Tax Profit
-17.42
19.23
Profit After Tax from continuing operations
-17.42
19.23
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-17.42
19.23
Attributable to:
Equity Holders of Parent Company
-17.42
19.23
Minority Interests
n/a
n/a
Total Dividend Paid
12.0000p
12.0000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2020
31 Mar 2019
Basic
-8.70p
13.10p
Diluted
-8.70p
13.10p
Adjusted
-8.70p
13.10p
Dividend per Share
12.0000p
12.0000p

Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
n/a
n/a
Intangible Assets
n/a
n/a
Investment Properties
n/a
n/a
Investments
375.00
302.00
Other Financial Assets
0.16
0.45
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
n/a
n/a
Cash at Bank & In Hand
51.98
40.07
Current Asset Investments
n/a
n/a
Other Current Assets
14.64
12.63
Other Assets
n/a
n/a
Total Assets
442.00
355.00

Liabilities

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
104.62
101.95
Total Current Liabilities
104.62
101.95
Non-Current Liabilities
Borrowings
n/a
n/a
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
n/a
n/a
Other Liabilities
n/a
n/a
Total Liabilities
104.62
101.95

Net Assets

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Net Assets
337.16
253.20

Capital & Reserves

Year End Date
31 Mar 2020
31 Mar 2019
 
£ (M)
£ (M)
Share Capital
n/a
n/a
Share Premium Account
n/a
n/a
Other Reserves
337.16
253.20
Retained Earnings
n/a
n/a
Shareholders Funds
337.16
253.20
Minority Interests/Other Equity
n/a
n/a
Total Equity
337.16
253.20

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Q3
14 Mar 2024
05 Apr 2024
3.00p
Q2
07 Dec 2023
05 Jan 2024
3.00p
Q1
21 Sep 2023
13 Oct 2023
3.00p
Q4
06 Jul 2023
28 Jul 2023
3.00p
Q3
02 Mar 2023
24 Mar 2023
3.00p
Q2
01 Dec 2022
30 Dec 2022
3.00p
Q1
18 Aug 2022
09 Sep 2022
3.00p
Q4
07 Jul 2022
29 Jul 2022
3.00p
Q3
03 Mar 2022
25 Mar 2022
3.00p
Q2
02 Dec 2021
31 Dec 2021
3.00p
Q1
19 Aug 2021
10 Sep 2021
3.00p
Q4
08 Jul 2021
30 Jul 2021
3.00p
Q3
04 Mar 2021
26 Mar 2021
3.00p
Q2
10 Dec 2020
06 Jan 2021
3.00p
Q1
20 Aug 2020
11 Sep 2020
3.00p
Q4
02 Jul 2020
30 Jul 2020
3.00p
Q3
05 Mar 2020
27 Mar 2020
3.00p
Q2
12 Dec 2019
03 Jan 2020
3.00p
Q1
22 Aug 2019
06 Sep 2019
3.00p
Q4
04 Jul 2019
26 Jul 2019
3.00p
Q3
07 Mar 2019
29 Mar 2019
3.00p
Q2
13 Dec 2018
04 Jan 2019
3.00p
Q1
23 Aug 2018
14 Sep 2018
3.00p
Q4
28 Jun 2018
20 Jul 2018
3.00p
Q3
01 Mar 2018
23 Mar 2018
3.00p
Q2
14 Dec 2017
05 Jan 2018
3.00p
Q1
31 Aug 2017
22 Sep 2017
3.00p
Q4
29 Jun 2017
21 Jul 2017
3.00p
Q3
23 Feb 2017
17 Mar 2017
2.70p
Q2
15 Dec 2016
11 Jan 2017
2.70p
Q1
18 Aug 2016
09 Sep 2016
2.70p
Q4
30 Jun 2016
22 Jul 2016
2.70p
Special
30 Jun 2016
22 Jul 2016
0.80p
Special
30 Jun 2016
22 Jul 2016
0.80p
Special
30 Jun 2016
22 Jul 2016
0.80p
Special
30 Jun 2016
22 Jul 2016
0.80p
Q3
25 Feb 2016
25 Mar 2016
2.70p
Q2
10 Dec 2015
31 Dec 2015
2.70p
Q1
27 Aug 2015
18 Sep 2015
2.70p
Q4
25 Jun 2015
24 Jul 2015
2.70p
Q3
26 Feb 2015
20 Mar 2015
2.70p
Q2
11 Dec 2014
31 Dec 2014
2.70p
Q1
03 Sep 2014
26 Sep 2014
2.70p
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢
Interim
14 Jun 2006
05 Jul 2006
24.00¢

Dividend Metrics

Year End Date
31 Mar 2020
31 Mar 2019
Dividend growth
n/a%
n/a%
Dividend yield
10.30%
7.10%
Dividend cover
-0.72
1.09


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