MedicX fund 2016 interim results

DividendMax Ltd.

MedicX fund 2016 interim results

Financial results

0.4 pence per share increase in EPRA NAV for the period to 31 March 2016 to 71.2 pence per share (30 September 2015: 70.8 pence per share)

Quarterly dividend of 1.4875p per share announced in April 2016; total dividends of 5.95p per share expected for the year or 6.8% dividend yield, an increase of 0.8% (2015: total dividends of 5.9p per share; 7.0% dividend yield)

EPRA earnings of £6.8 million, equivalent to 1.8p per share (31 March 2015: £7.0 million; 2.0p per share)

Dividend and underlying dividend cover of 63% and 71% for the six month period (31 March 2015: 67% and 67%)

EPRA NNNAV of £226.3 million equivalent to 60.3p per share (30 September 2015: 228.9 million; 62.7p per share)

Companies mentioned