Half Year Results 

A Secure double-digit return

A Secure double-digit return

“More of the same may look boring, but it’s what our shareholders like,” says Mike Brown of Prestbury Investments, the investment manager for Secure Income Reit (SIR). Adjusted net asset value (NAV) rose by 9.9 per cent to 355.5p for the six months to June 2017, well above the sector average of 2 per cent, and the quarterly dividend was increased to 3.5p a share, implying an annualised dividend yield of nearly 4 per cent. The NAV growth plus dividends added up to a total shareholder return of 11.7 per cent over the six months.

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