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Starwood European Real Estate Finance Ltd

Current Price 91.00p Bid 91.00p Ask 93.00p Change -1.94%
Last Updated: 23/04/2024 22:44. Prices delayed by at least 15 minutes.
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Company Overview

The investment objective of Starwood European Real Estate Finance Limited (the "Company"), together with its subsidiaries Starfin Public Holdco 1 Limited, Starfin Public Holdco 2 Limited, Starfin Lux S.à.r.l, Starfin Lux 3 S.à.r.l, and Starfin Lux 4 S.à.r.l, (collectively the "Group"), is to provide its shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and the European Union's internal market.

Financial Highlights Year Ended 31/12/2023

Revenue
£31.92m
Operating Profit/Loss
£25.86m
Dividend yield (%)
6.70
Total dividend for year
n/ap
Dividend cover
1.11
P/E Ratio
13.50

Key Personnel

Mr Charlotte Denton
Non-Executive Director
Mr Gary Yardley
Non-Executive Director
Mr John Whittle
Non-Executive Director
Mrs Shelagh Mason
Non-Executive Director

Stock Details

EPIC
SWEFL
ISIN
GG00B79WC100
Shares in Issue
304.18m
Market cap
£276.80m

Analyst Views (0)

Strong Buy
 
0%
Buy
 
0%
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
91.00p
Bid Price
91.00p
Ask Price
93.00p
Volume
19
Change Today
-1.80p
% Change Today
-1.94%
Open
91.00p
Previous Close
91.00p
Intraday High
91.00p
Intraday Low
91.00p
52 Week High
95.00p
52 Week Low
86.20p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
31.92
33.36
Operating Profit/Loss
25.86
29.45
Net Interest
n/a
n/a
Pre-Tax Profit
25.86
29.45
Profit After Tax from continuing operations
25.25
29.36
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
25.25
29.36
Attributable to:
Equity Holders of Parent Company
25.25
29.36
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
6.66p
7.25p
Diluted
6.66p
7.25p
Adjusted
6.66p
7.25p
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
n/a
n/a
Intangible Assets
n/a
n/a
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
265.09
433.17
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
0.02
0.03
Cash at Bank & In Hand
63.84
3.58
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
328.96
436.77

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
n/a
n/a
Total Current Liabilities
n/a
n/a
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
1.63
20.62
Total Liabilities
1.63
20.62

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
327.33
416.15

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
313.28
395.08
Share Premium Account
n/a
n/a
Other Reserves
-0.21
-0.15
Retained Earnings
14.26
21.22
Shareholders Funds
327.33
416.15
Minority Interests/Other Equity
n/a
n/a
Total Equity
327.33
416.15

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
1st Interim
02 May 2024
24 May 2024
1.375p
4th Interim
01 Feb 2024
23 Feb 2024
1.875p
3rd Interim
02 Nov 2023
24 Nov 2023
1.375p
2nd Interim
03 Aug 2023
25 Aug 2023
1.375p
1st Interim
04 May 2023
26 May 2023
1.375p
Special
30 Mar 2023
21 Apr 2023
2.00p
4th Interim
02 Feb 2023
24 Feb 2023
1.375p
3rd Interim
03 Nov 2022
25 Nov 2022
1.375p
2nd Interim
04 Aug 2022
26 Aug 2022
1.375p
1st Interim
05 May 2022
27 May 2022
1.375p
4th Interim
03 Feb 2022
25 Feb 2022
1.375p
3rd Interim
04 Nov 2021
03 Dec 2021
1.375p
2nd Interim
05 Aug 2021
03 Sep 2021
1.375p
1st Interim
06 May 2021
04 Jun 2021
1.375p
4th Interim
04 Feb 2021
05 Mar 2021
1.625p
3rd Interim
29 Oct 2020
20 Nov 2020
1.625p
2nd Interim
30 Jul 2020
28 Aug 2020
1.625p
1st Interim
30 Apr 2020
20 May 2020
1.625p
4th Interim
30 Jan 2020
21 Feb 2020
1.625p
3rd Interim
31 Oct 2019
22 Nov 2019
1.625p
2nd Interim
01 Aug 2019
30 Aug 2019
1.625p
1st Interim
02 May 2019
24 May 2019
1.625p
4th Interim
31 Jan 2019
22 Feb 2019
1.625p
3rd Interim
01 Nov 2018
16 Nov 2018
1.625p
2nd Interim
09 Aug 2018
31 Aug 2018
1.625p
1st Interim
26 Apr 2018
17 May 2018
1.625p
4th Interim
08 Feb 2018
23 Feb 2018
1.625p
3rd Interim
02 Nov 2017
17 Nov 2017
1.625p
2nd Interim
03 Aug 2017
25 Aug 2017
1.625p
1st Interim
04 May 2017
18 May 2017
1.625p
4th Interim
02 Feb 2017
17 Feb 2017
1.625p
3rd Interim
03 Nov 2016
11 Nov 2016
1.625p
2nd Interim
04 Aug 2016
25 Aug 2016
1.625p
1st Interim
05 May 2016
19 May 2016
1.625p
4th Interim
04 Feb 2016
18 Feb 2016
1.75p
3rd Interim
29 Oct 2015
13 Nov 2015
1.75p
2nd Interim
06 Aug 2015
24 Aug 2015
1.75p
1st Interim
07 May 2015
29 May 2015
1.75p
Final
05 Feb 2014
28 Feb 2014
1.10p
Final
05 Feb 2014
28 Feb 2014
1.10p
Final
05 Feb 2014
28 Feb 2014
1.10p
Final
05 Feb 2014
28 Feb 2014
1.10p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
9.09%
n/a%
Dividend yield
6.70%
6.20%
Dividend cover
1.11
1.32


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