Simon Bennett, Non-Executive Chair of Alternative Income REIT plc, comments:

“The Company is on track to deliver an annual dividend target of no less than 5.6 pence per share (“pps”) for the year ending 30 June 2026 (year ended 30 June 2025: 6.2 pps), which is expected to be fully covered subject to the continued collection of rent from the Group’s property portfolio as it falls due. The resetting of the dividend target this year, which is lower than the previous year, is entirely due to increase in financing costs of the new long term debt facilities.

AIRE have cut their dividend.

Current price 77p

Fcast Dividend 5.6p

Current yield 7.25%

Therefore remains in the Watch List.

It’s your duty to monitor the dividend announcements for your Snowball and take any appropriate action.

GL