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Ground Rents Income Trust

Current Price 92.00p Bid 92.00p Ask 94.00p Change 0.00%
Last Updated: 19/05/2019 20:23. Prices delayed by at least 15 minutes.
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Company Overview

Ground Rents Income Fund plc is a closed-ended real estate investment trust (REIT). Ground Rents Income Fund, together with its subsidiaries, operates a property investment and rental business. The Group invests in a diversified portfolio of ground rents. A ground rent is the rent paid by the lessee of a property to the freeholder or a head leaseholder of the property. It represents the underlying interest in property, which is subject to a lease for a period of time usually between 99 and 999 years. Individual amounts payable as ground rents are usually nominal annual sums. Ground rents produce a secure, stable, low-risk and long-term income. The Group's portfolio of ground rents includes freeholds and head leaseholds of well-located residential, retail and commercial properties located in the United Kingdom. The Group generates income primarily from the collection of such ground rents. It generates additional income from sources such as commissions on insurance policies.

Financial Highlights Year Ended 30/09/2018

Turnover
£5.36m
Operating Profit
£-9.96m
Dividend Yield
0.00
Dividend Per Share
3.96
Dividend Cover
0.00
P/E Ratio
-8.42

Key Personnel

Robert Malcolm Naish
Non-Executive Chairman
Simon Paul Wombwell
Non-Executive Director
Paul Anthony Craig
Non-Executive Director

Stock Details

EPIC
GRIO
ISIN
GB00B715WG26
Shares in Issue
97,006,397
Market cap
£90.22m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
93.00p
Bid Price
92.00p
Ask Price
94.00p
Volume
31838
Change Today
0.00p
% Change Today
0.00%
Open
93.40p
Previous Close
93.00p
Intraday High
93.98p
Intraday Low
92.00p
52 Week High
112.25p
52 Week Low
93.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Ground Rents Income Trust Intra-day Chart

Ground Rents Income Trust News

News in this section is provided by AJ Bell

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Sep 2018
30 Sep 2017
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
127.5
139.1
Total Non-Current Assets
127.5
139.1
Inventory
0.0
0.0
Trade & Receivables
1.9
2.6
Cash & Receivables
5.6
7.2
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
135.0
148.9

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
30 Sep 2018
30 Sep 2017
Short Term Liabilities
2.6
2.4
Long Term Liabilities
19.2
19.1
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
21.8
21.5

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Sep 2018
30 Sep 2017
Net Assets
113.2
127.4

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
30 Sep 2018
30 Sep 2017
Share Capital
48.5
48.4
Minority Interests
0.0
0.0
Retained Earnings
29.5
28.6
Share Premium Account
45.9
45.8
Other Equity
-10.7
4.7
Total Equity
113.2
127.4

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
30 Sep 2018
30 Sep 2017
Cashflow from Operating Activities
4.0
3.3
Cashflow Before Financing
1.9
-8.7
Increase / Decrease in Cash
-1.7
1.9

Income (£m)

Data has been provided by AJ Bell

Reporting Date
30 Sep 2018
30 Sep 2017
Turnover
5.4
5.1
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-10.0
5.3
Pre-Tax Profit
-10.7
4.7
Profit / Loss for the Year
-10.7
4.7

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
H1 Dividend
21 Mar 2019
31 Mar 2019
Q1 Dividend
27 Dec 2018
09 Jan 2019
H2 Dividend
23 Aug 2018
28 Sep 2018
Q3 Dividend
24 May 2018
29 Jun 2018
H1 Dividend
15 Feb 2018
30 Mar 2018
Q1 Dividend
23 Nov 2017
31 Dec 2017
H2 Dividend
17 Aug 2017
29 Sep 2017
Q3 Dividend
25 May 2017
30 Jun 2017
H1 Dividend
16 Feb 2017
31 Mar 2017
Q1 Dividend
24 Nov 2016
30 Dec 2016
H2 Dividend
18 Aug 2016
30 Sep 2016
Q3 Dividend
19 May 2016
30 Jun 2016
H1 Dividend
18 Feb 2016
31 Mar 2016
Q1 Dividend
26 Nov 2015
31 Dec 2015
H2 Dividend
20 Aug 2015
30 Sep 2015
Q3 Dividend
21 May 2015
30 Jun 2015
H1 Dividend
12 Feb 2015
31 Mar 2015
Q1 Dividend
20 Nov 2014
31 Dec 2014
H2 Dividend
27 Aug 2014
30 Sep 2014
Q3 Dividend
21 May 2014
30 Jun 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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