Reliable income has become a scarcity for investors in the wake of the Covid-19 pandemic, a fact reinforced by the UK selling negative yielding bonds for the first time this week. So although Assura (AGR) posted only 1.2 per cent growth in rental income from reviews of existing assets last year, management’s decision to raise the first quarter dividend for the 2021 financial year to 0.71p is a rare piece of good news.
IC TIP:
Hold
at
78p