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Primary Health Properties Plc

Current Price 91.55p Bid 91.55p Ask 91.85p Change 0.49%
Last Updated: 19/04/2024 09:16. Prices delayed by at least 15 minutes.
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Company Overview

PHP is a strong business creating progressive returns for shareholders by investing in healthcare real estate let on long term leases, backed by a secure underlying covenant where the majority of rental income is funded directly or indirectly by a government body.

Financial Highlights Year Ended 31/12/2023

Revenue
£169.80m
Operating Profit/Loss
£84.30m
Dividend yield (%)
6.40
Total dividend for year
n/ap
Dividend cover
1.01
P/E Ratio
15.30
More Financials

Key Personnel

Mr Richard Howell
Finance Director
Dr Bandhana Rawal
Independent Non-Executive Director
Mr Ian Krieger
Independent Non-Executive Director
Mrs Ivonne Cantu
Independent Non-Executive Director
Mr Harry Abraham Hyman
Managing Director
Mr Steven Owen
Non-Executive Chairman
Ms Laure Duhot
Non-Executive Director

Stock Details

EPIC
PHPL
ISIN
GB00BYRJ5J14
Shares in Issue
597.17m
Market cap
£546.71m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
50.00%
Hold
 
50.00%
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
91.55p
Bid Price
91.55p
Ask Price
91.85p
Volume
8,468
Change Today
0.45p
% Change Today
0.49%
Open
91.35p
Previous Close
91.10p
Intraday High
91.70p
Intraday Low
91.00p
52 Week High
107.20p
52 Week Low
85.90p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

More Charts

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
169.80
154.10
Operating Profit/Loss
84.30
70.40
Net Interest
-45.00
-40.30
Pre-Tax Profit
26.10
56.90
Profit After Tax from continuing operations
27.30
56.30
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
27.30
56.30
Attributable to:
Equity Holders of Parent Company
27.30
56.30
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
2.00p
4.20p
Diluted
2.00p
2.20p
Adjusted
6.80p
6.60p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
0.50
0.40
Intangible Assets
6.20
n/a
Investment Properties
2,779.30
2,796.30
Investments
n/a
n/a
Other Financial Assets
0.90
19.60
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
24.90
17.80
Cash at Bank & In Hand
3.20
29.10
Current Asset Investments
n/a
n/a
Other Current Assets
11.90
1.30
Other Assets
n/a
n/a
Total Assets
2,826.90
2,864.50

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
2.40
2.30
Other Current Liabilities
68.80
61.80
Total Current Liabilities
71.20
64.10
Non-Current Liabilities
Borrowings
1,323.90
1,300.30
Provisions
3.80
5.40
Other Non-Current Liabilities
4.10
12.50
Total Non-Current Liabilities
1,331.80
1,318.20
Other Liabilities
n/a
n/a
Total Liabilities
1,403.00
1,382.30

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
1,423.90
1,482.20

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
167.10
167.10
Share Premium Account
479.40
479.40
Other Reserves
408.30
405.60
Retained Earnings
369.10
430.10
Shareholders Funds
1,423.90
1,482.20
Minority Interests/Other Equity
n/a
n/a
Total Equity
1,423.90
1,482.20

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Q2
28 Mar 2024
17 May 2024
1.725p
Q1
11 Jan 2024
23 Feb 2024
1.725p
Q4
12 Oct 2023
24 Nov 2023
1.675p
Q3
06 Jul 2023
18 Aug 2023
1.675p
Q2
30 Mar 2023
19 May 2023
1.675p
Q1
12 Jan 2023
23 Feb 2023
1.675p
Q4
13 Oct 2022
25 Nov 2022
1.625p
Q3
07 Jul 2022
19 Aug 2022
1.625p
Q2
31 Mar 2022
20 May 2022
1.625p
Q1
13 Jan 2022
25 Feb 2022
1.625p
Q4
14 Oct 2021
26 Nov 2021
1.55p
Q3
08 Jul 2021
20 Aug 2021
1.55p
Q2
01 Apr 2021
21 May 2021
1.55p
Q1
14 Jan 2021
26 Feb 2021
1.55p
Q4
08 Oct 2020
20 Nov 2020
1.475p
Q3
02 Jul 2020
21 Aug 2020
1.475p
Q2
02 Apr 2020
22 May 2020
1.475p
Q1
09 Jan 2020
21 Feb 2020
1.475p
Q4
10 Oct 2019
22 Nov 2019
1.40p
Q3
11 Jul 2019
23 Aug 2019
1.40p
Q2
04 Apr 2019
24 May 2019
1.40p
Q1
10 Jan 2019
22 Feb 2019
1.40p
Q4
11 Oct 2018
23 Nov 2018
1.35p
Q3
12 Jul 2018
24 Aug 2018
1.35p
Q2
05 Apr 2018
25 May 2018
1.35p
Q1
11 Jan 2018
23 Feb 2018
1.35p
Q4
12 Oct 2017
24 Nov 2017
1.32p
Q3
13 Jul 2017
25 Aug 2017
1.31p
Q2
06 Apr 2017
26 May 2017
1.31p
Q1
12 Jan 2017
24 Feb 2017
1.31p
Q4
13 Oct 2016
25 Nov 2016
1.28125p
Q3
14 Jul 2016
26 Aug 2016
1.28125p
Q2
07 Apr 2016
27 May 2016
1.28125p
Q1
14 Jan 2016
26 Feb 2016
1.28125p
Interim
17 Sep 2015
30 Oct 2015
10.00p
Interim
17 Sep 2015
30 Oct 2015
10.00p
Interim
17 Sep 2015
30 Oct 2015
10.00p
Interim
17 Sep 2015
30 Oct 2015
10.00p
2nd Interim
26 Feb 2015
01 Apr 2015
10.00p
Final
11 Mar 2009
15 Apr 2009
8.50p
Final
11 Mar 2009
15 Apr 2009
8.50p
Final
11 Mar 2009
15 Apr 2009
8.50p
Final
11 Mar 2009
15 Apr 2009
8.50p
1st Interim
21 Mar 2007
22 May 2007
7.50p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
3.08%
4.84%
Dividend yield
6.40%
5.80%
Dividend cover
1.01
1.02


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