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Tritax Big Box Reit

Current Price 147.00p Bid 146.90p Ask 147.20p Change -0.14%
Last Updated: 25/04/2024 15:20. Prices delayed by at least 15 minutes.
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Company Overview

Tritax Big Box Reit specialists in investing in and funding the pre-let development of very large logistics facilities -- so-called Big Boxes -- in the UK. It is a real estate investment trust. Its key focus is creating growing and sustainable income through buying well -- quality assets that are attractively priced that will protect and grow capital value over the medium term. Where appropriate, Tritax said performance will be further underpinned by proactive asset management and the exploitation of market anomalies.

Financial Highlights Year Ended 31/12/2023

Revenue
£222.10m
Operating Profit/Loss
£126.70m
Dividend yield (%)
4.30
Total dividend for year
n/ap
Dividend cover
1.06
P/E Ratio
21.80

Key Personnel

Mr Alastair Hughes
Non-Executive Director
Mr Richard Laing
Non-Executive Director
Mr Wu Gang
Non-Executive Director
Ms Elizabeth Brown
Non-Executive Director
Ms Karen Whitworth
Non-Executive Director
Mr Aubrey Adams
Senior Independent Director

Stock Details

EPIC
BBOXL
ISIN
GB00BG49KP99
Shares in Issue
677.84m
Market cap
£996.42m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
100.00%
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
147.00p
Bid Price
146.90p
Ask Price
147.20p
Volume
399,544
Change Today
-0.20p
% Change Today
-0.14%
Open
146.40p
Previous Close
147.20p
Intraday High
148.00p
Intraday Low
145.65p
52 Week High
169.90p
52 Week Low
123.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
222.10
206.00
Operating Profit/Loss
126.70
-578.10
Net Interest
-44.90
-37.80
Pre-Tax Profit
70.60
-601.00
Profit After Tax from continuing operations
70.00
599.40
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
70.00
599.40
Attributable to:
Equity Holders of Parent Company
70.00
599.40
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
3.72p
-32.08p
Diluted
3.72p
-32.08p
Adjusted
7.75p
7.79p
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
1.10
1.40
Investment Properties
4,843.60
4,847.30
Investments
182.20
184.60
Other Financial Assets
2.30
n/a
Other Non-Current Assets
14.40
24.20
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
22.00
24.90
Cash at Bank & In Hand
36.40
47.60
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
25.10
Other Assets
n/a
n/a
Total Assets
5,102.00
5,155.10

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
147.70
147.00
Total Current Liabilities
147.70
147.00
Non-Current Liabilities
Borrowings
1,615.20
1,613.90
Provisions
n/a
n/a
Other Non-Current Liabilities
5.10
44.20
Total Non-Current Liabilities
1,620.30
1,658.10
Other Liabilities
n/a
n/a
Total Liabilities
1,768.00
1,805.10

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
3,334.00
3,350.00

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
19.00
18.70
Share Premium Account
49.20
764.30
Other Reserves
1,463.90
835.10
Retained Earnings
1,801.90
1,731.90
Shareholders Funds
3,334.00
3,350.00
Minority Interests/Other Equity
n/a
n/a
Total Equity
3,334.00
3,350.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
4th Interim
14 Mar 2024
02 Apr 2024
2.05p
3rd Interim
02 Nov 2023
17 Nov 2023
1.75p
2nd Interim
10 Aug 2023
31 Aug 2023
1.75p
1st Interim
11 May 2022
01 Jun 2023
1.75p
1st Interim
11 May 2023
01 Jun 2023
1.75p
4th Interim
09 Mar 2023
30 Mar 2023
1.975p
3rd Interim
20 Oct 2022
03 Nov 2022
1.675p
2nd Interim
04 Aug 2022
25 Aug 2022
1.675p
1st Interim
12 May 2022
01 Jun 2022
1.675p
4th Interim
10 Mar 2022
31 Mar 2022
1.90p
3rd Interim
28 Oct 2021
17 Nov 2021
1.60p
2nd Interim
05 Aug 2021
23 Aug 2021
1.60p
1st Interim
13 May 2021
01 Jun 2021
1.60p
4th Interim
18 Mar 2021
01 Apr 2021
1.7125p
3rd Interim
22 Oct 2020
13 Nov 2020
1.5625p
2nd Interim
13 Aug 2020
28 Aug 2020
1.5625p
1st Interim
23 Apr 2020
21 May 2020
1.5625p
4th Interim
05 Mar 2020
27 Mar 2020
1.7125p
3rd Interim
17 Oct 2019
14 Nov 2019
1.7125p
2nd Interim
25 Jul 2019
15 Aug 2019
1.7125p
1st Interim
23 May 2019
17 Jun 2019
1.7125p
4th Interim
14 Mar 2019
28 Mar 2019
1.675p
3rd Interim
18 Oct 2018
15 Nov 2018
1.675p
2nd Interim
19 Jul 2018
09 Aug 2018
1.675p
1st Interim
24 May 2018
11 Jun 2018
1.675p
4th Interim
15 Mar 2018
29 Mar 2018
1.60p
3rd Interim
19 Oct 2017
16 Nov 2017
1.60p
2nd Interim
20 Jul 2017
10 Aug 2017
1.60p
1st Interim
04 May 2017
22 May 2017
1.60p
3rd Interim
16 Mar 2017
03 Apr 2017
1.55p
2nd Interim
13 Oct 2016
27 Oct 2016
1.55p
1st Interim
18 Aug 2016
25 Aug 2016
3.10p
4th Interim
11 Feb 2016
09 Mar 2016
3.00p
4th Interim
11 Feb 2016
09 Mar 2016
3.00p
3rd Interim
03 Sep 2015
23 Sep 2015
0.50p
2nd Interim
18 Jun 2015
15 Jul 2015
1.50p
1st Interim
19 Mar 2015
22 Apr 2015
1.00p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
4.29%
4.48%
Dividend yield
4.30%
5.00%
Dividend cover
1.06
1.11


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