Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) continues to deliver steady earnings growth, reckons broker Stifel.
Last year represented the 28th consecutive year that the property group has increased its dividend, which remains covered by recurring earnings.
Bluefield Solar Income Fund (LSE:BSIF) has allocated £20 million to a share buyback programme to narrow the discount between the share price and its asset value.
Chair John Scott also bemoaned the lacklustre performance of the group’s shares.
Healthcare-based REIT Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) reported net rental income of £149.3 million for 2023, a 5.5% increase from £141.5 million in 2022.
This growth was underpinned by rent reviews and asset management activities, which contributed an extra £4.3 million in the year.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced significant progress in its preparations for flow testing operations at the Hickory-1 well, in Alaska, as the countdown continues.
Mobilisation operations have been completed, the company said in a statement, and it is now testing and preparing the blow-out preventers (BOP) installed at the wellhead.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) has signed off a settlement with Arizona Lithium over unpatented lode claims at the Wikieup clay project in Western Arizona.
Some 66 new claims equating to 1,302 acres (5.27 km2) that were staked in early 2019, and held in its subsidiary Zenolith (USA) will be retained by Bradda Head.
Ora Banda Mining Ltd (ASX:OBM) has discovered a high-grade gold lode at the Sand King underground prospect of the Davyhurst Gold Project in Western Australia, adding to the prospectivity of the Siberian Gold Complex trend that strikes across the Sand King area.
The company drilled a hole to test for high-grade tension vein (090°) structures in the northern Sand King area, along strike from the main Sand King lode (090°) in a previously unexplored area.