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RM Secured Direct Lending PLC's pipeline 'continuing to build well'

RM Secured Direct Lending PLC (LON:RMDL)'s Pietro Nicholls talks through their second quarter update with Proactive's Andrew Scott.

''This quarter was really about stabilising the returns that we offered investors when we IPO'd back in December 2016''

''The dividend we declared this week was 1.625p so we're in line with our full year target of 6.50p''.

''The pipeline's building really well .. we said earlier in the year that the summer period for us was not about raising more capital it was really about making the capital that we already have work harder''.

The dividend was paid during the quarter, declared in May and paid in June.

Quick facts: RM Secured Direct Lending

Price: 80 GBX

LSE:RMDL
Market: LSE
Market Cap: £95.81 m
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RM Secured Direct Lending maintains dividend and reports a 'strong mixed...

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls updates Proactive London's Katie Pilbeam on its portfolio’s performance in the first half of 2020. Nicholls explains that versus its peer group the results were a 'strong mixed picture' especially given the context of the challenging...

on 18/8/20

2 min read