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RDI REIT

LSE:RDI
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RDI
LSE
£410M
Market Cap
  1. Home
  2. GB
  3. Real Estate
Company description

RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The last earnings update was 60 days ago. More info.


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  • RDI REIT has significant price volatility in the past 3 months.
RDI Share Price and Events
7 Day Returns
4.4%
LSE:RDI
-0.4%
GB REITs
0.3%
GB Market
1 Year Returns
-38.2%
LSE:RDI
-9%
GB REITs
-3.8%
GB Market
RDI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RDI REIT (RDI) 4.4% -10.6% -16.3% -38.2% -46.7% -59.7%
GB REITs -0.4% -0.6% -1.7% -9% 2.5% 5.1%
GB Market 0.3% 1.2% 2.8% -3.8% 18.5% 4.5%
1 Year Return vs Industry and Market
  • RDI underperformed the REITs industry which returned -9% over the past year.
  • RDI underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.8% over the past year.
Price Volatility
RDI
Industry
5yr Volatility vs Market

RDI Value

 Is RDI REIT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of RDI REIT to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for RDI REIT.

LSE:RDI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:RDI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.494 (1 + (1- 19%) (199.2%))
1.195
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.195 * 6.65%)
9.17%

Discounted Cash Flow Calculation for LSE:RDI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for RDI REIT is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:RDI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 9.17%)
2019 44.00 Analyst x2 40.30
2020 37.00 Analyst x2 31.04
2021 38.50 Analyst x2 29.59
2022 34.31 Est @ -10.88% 24.15
2023 31.82 Est @ -7.25% 20.52
2024 30.32 Est @ -4.71% 17.91
2025 29.44 Est @ -2.93% 15.92
2026 28.94 Est @ -1.68% 14.34
2027 28.71 Est @ -0.81% 13.03
2028 28.65 Est @ -0.2% 11.91
Present value of next 10 years cash flows £218.71
LSE:RDI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £28.65 × (1 + 1.23%) ÷ (9.17% – 1.23%)
£364.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £364.92 ÷ (1 + 9.17%)10
£151.70
LSE:RDI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £218.71 + £151.70
£370.41
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £370.41 / 380.09
£0.97
LSE:RDI Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.97
Current discount Discount to share price of £1.08
= -1 x (£1.08 - £0.97) / £0.97
-10.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of RDI REIT is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for RDI REIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RDI REIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:RDI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in GBP £0.08
LSE:RDI Share Price ** LSE (2019-06-24) in GBP £1.08
United Kingdom of Great Britain and Northern Ireland REITs Industry PE Ratio Median Figure of 43 Publicly-Listed REITs Companies 12.72x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 787 Publicly-Listed Companies 16.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of RDI REIT.

LSE:RDI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:RDI Share Price ÷ EPS (both in GBP)

= 1.08 ÷ 0.08

14.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RDI REIT is overvalued based on earnings compared to the GB REITs industry average.
  • RDI REIT is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does RDI REIT's expected growth come at a high price?
Raw Data
LSE:RDI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
41.9%per year
United Kingdom of Great Britain and Northern Ireland REITs Industry PEG Ratio Median Figure of 23 Publicly-Listed REITs Companies 0.64x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 573 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

LSE:RDI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.26x ÷ 41.9%

0.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RDI REIT is good value based on expected growth next year.
Price based on value of assets
What value do investors place on RDI REIT's assets?
Raw Data
LSE:RDI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in GBP £2.02
LSE:RDI Share Price * LSE (2019-06-24) in GBP £1.08
United Kingdom of Great Britain and Northern Ireland REITs Industry PB Ratio Median Figure of 54 Publicly-Listed REITs Companies 0.89x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.49x
LSE:RDI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:RDI Share Price ÷ Book Value per Share (both in GBP)

= 1.08 ÷ 2.02

0.53x

* Primary Listing of RDI REIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RDI REIT is good value based on assets compared to the GB REITs industry average.
X
Value checks
We assess RDI REIT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. RDI REIT has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RDI Future Performance

 How is RDI REIT expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RDI REIT expected to grow at an attractive rate?
  • RDI REIT's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • RDI REIT's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • RDI REIT's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:RDI Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:RDI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 41.9%
LSE:RDI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -12.4%
United Kingdom of Great Britain and Northern Ireland REITs Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
United Kingdom of Great Britain and Northern Ireland REITs Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:RDI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:RDI Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-08-31
2021-08-31 77 43 10 4
2020-08-31 80 44 -12 4
2019-08-31 95 48 -71 4
LSE:RDI Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-02-28 113 58 29
2018-11-30 112 58 59
2018-08-31 111 58 89
2018-05-31 109 52 85
2018-02-28 106 46 81
2017-11-30 104 48 73
2017-08-31 101 49 66
2017-05-31 100 50 54
2017-02-28 98 51 42
2016-11-30 94 45 25
2016-08-31 89 40 8
2016-05-31 84 39 25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • RDI REIT's earnings are expected to grow significantly at over 20% yearly.
  • RDI REIT's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:RDI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from RDI REIT Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:RDI Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-08-31
2021-08-31 0.03 0.03 0.03 1.00
2020-08-31 -0.03 -0.03 -0.03 1.00
2019-08-31 -0.19 -0.15 -0.22 2.00
LSE:RDI Past Financials Data
Date (Data in GBP Millions) EPS *
2019-02-28 0.08
2018-11-30 0.16
2018-08-31 0.24
2018-05-31 0.23
2018-02-28 0.22
2017-11-30 0.20
2017-08-31 0.18
2017-05-31 0.15
2017-02-28 0.12
2016-11-30 0.07
2016-08-31 0.02
2016-05-31 0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • RDI REIT is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess RDI REIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
RDI REIT has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RDI Past Performance

  How has RDI REIT performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare RDI REIT's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • RDI REIT's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • RDI REIT's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • RDI REIT's 1-year earnings growth is negative, it can't be compared to the GB REITs industry average.
Earnings and Revenue History
RDI REIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from RDI REIT Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:RDI Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 113.20 28.80 14.30
2018-11-30 112.30 58.85 14.25
2018-08-31 111.40 88.90 14.20
2018-05-31 108.60 84.70 13.35
2018-02-28 105.80 80.50 12.50
2017-11-30 103.50 73.30 13.10
2017-08-31 101.20 66.10 13.70
2017-05-31 99.75 54.00 13.90
2017-02-28 98.30 41.90 14.10
2016-11-30 93.55 24.90 12.50
2016-08-31 88.80 7.90 10.90
2016-05-31 84.45 25.00 10.85
2016-02-29 80.10 42.10 10.80
2015-11-30 79.90 56.35 10.95
2015-08-31 79.70 70.60 11.10
2015-05-31 81.71 101.00 9.87
2015-02-28 83.72 131.40 8.64
2014-11-30 82.31 113.30 10.27
2014-08-31 80.90 95.20 11.90
2014-05-31 72.32 69.45 16.43
2014-02-28 63.74 43.71 20.96
2013-11-30 62.71 52.61 18.72
2013-08-31 61.68 61.52 16.47
2013-05-31 69.98 7.18 13.22
2013-02-28 78.29 -47.17 9.98
2012-11-30 81.34 -85.96 10.70
2012-08-31 84.39 -124.76 11.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • RDI REIT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • RDI REIT used its assets less efficiently than the GB REITs industry average last year based on Return on Assets.
  • RDI REIT has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess RDI REIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
RDI REIT has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RDI Health

 How is RDI REIT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up RDI REIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RDI REIT's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • RDI REIT's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of RDI REIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from RDI REIT Company Filings, last reported 3 months ago.

LSE:RDI Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 827.80 803.90 48.60
2018-11-30 827.80 803.90 48.60
2018-08-31 862.80 778.60 59.00
2018-05-31 862.80 778.60 59.00
2018-02-28 853.10 814.60 53.90
2017-11-30 853.10 814.60 53.90
2017-08-31 762.20 814.80 52.80
2017-05-31 762.20 814.80 52.80
2017-02-28 740.60 729.00 61.70
2016-11-30 740.60 729.00 61.70
2016-08-31 733.40 765.20 32.00
2016-05-31 733.40 765.20 32.00
2016-02-29 744.10 670.40 155.10
2015-11-30 744.10 670.40 155.10
2015-08-31 636.80 550.80 93.60
2015-05-31 636.80 550.80 93.60
2015-02-28 533.61 598.38 56.25
2014-11-30 533.61 598.38 56.25
2014-08-31 509.70 633.50 90.40
2014-05-31 509.70 633.50 90.40
2014-02-28 407.20 757.72 85.22
2013-11-30 407.20 757.72 85.22
2013-08-31 310.45 674.31 33.66
2013-05-31 310.45 674.31 33.66
2013-02-28 275.11 591.15 57.88
2012-11-30 275.11 591.15 57.88
2012-08-31 138.26 754.49 17.73
  • RDI REIT's level of debt (98.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (188.3% vs 98.8% today).
  • Debt is not well covered by operating cash flow (7.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess RDI REIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. RDI REIT has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RDI Dividends

 What is RDI REIT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
12.5%
Current annual income from RDI REIT dividends. Estimated to be 9.44% next year.
If you bought £2,000 of RDI REIT shares you are expected to receive £250 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • RDI REIT's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.96%).
  • RDI REIT's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.4%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:RDI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland REITs Industry Average Dividend Yield Market Cap Weighted Average of 49 Stocks 4.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:RDI Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-08-31 0.11 1.00
2021-08-31 0.10 3.00
2020-08-31 0.10 3.00
2019-08-31 0.10 3.00
LSE:RDI Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-10-25 0.135 9.669
2018-05-21 0.133 7.737
2017-12-15 0.130 7.423
2017-10-26 0.130 7.117
2017-04-26 0.130 6.724
2016-10-27 0.160 8.410
2015-12-18 0.163 7.275
2015-10-28 0.163 6.126
2015-04-29 0.165 6.120
2014-10-29 0.160 5.849
2014-04-30 0.157 5.921
2013-11-08 0.156 5.942
2013-04-29 0.189 8.786
2012-12-12 0.256 14.456
2012-10-30 0.256 15.167
2011-12-15 0.229 12.901
2011-11-01 0.229 10.387

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RDI REIT has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • RDI REIT has only been paying a dividend for 8 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of RDI REIT's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess RDI REIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can RDI REIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RDI REIT has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RDI Management

 What is the CEO of RDI REIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Watters
COMPENSATION £977,352
AGE 58
TENURE AS CEO 5.5 years
CEO Bio

Mr. Michael John Watters, also known as Mike, BSc Eng (Civil), MBA has been the Chief Executive Officer of Redefine Properties International Limited since June 1, 2010. Mr. Watters has been the Chief Executive Officer of RDI REIT Plc (formerly, Redefine International P.L.C.), since December 3, 2013. He served as the Chief Executive Officer at MetaSolv Inc. He has over 25 years experience in the investment banking and real estate industries. He serves as a Director of Cromwell Property Securities Limited and Redefine Properties International Limited. He serves as a Director of Corovest Offshore Limited. He has been a Non-Executive Director of International Hotel Properties Limited (also know as International Hotel Group Limited) since October 19, 2015. He has been an Executive Director at RDI REIT Plc (formerly, Redefine International P.L.C) since December 3, 2013, where he previously served as a Non Independent and Non Executive Director since September 28, 2005. He served as a Director of Cromwell Diversified Property Trust; Sycom Property Fund Managers Limited until November 3, 2004 and Sapphire Retail Fund Ltd., Wichford plc since July 2011. He served as a Non-Executive Director at Redefine Properties Limited from August 1, 2014 to February 9, 2017. He served as a Non Executive Director of Cromwell Property Group from April 4, 2011 to November 26, 2014 and Hyprop Investments Ltd., since August 25, 2000. Mr. Watters is an MBA and a registered professional engineer with a BSc. Eng. (Civil) Degree.

CEO Compensation
  • Mike's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mike's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the RDI REIT management team in years:

5.5
Average Tenure
55
Average Age
  • The average tenure for the RDI REIT management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Mike Watters

TITLE
CEO & Director
COMPENSATION
£977K
AGE
58
TENURE
5.5 yrs

Donald Grant

TITLE
CFO & Director
COMPENSATION
£572K
AGE
44
TENURE
3.8 yrs

Stephen Oakenfull

TITLE
Deputy CEO & Director
COMPENSATION
£675K
AGE
38
TENURE
5.5 yrs

Adrian Horsburgh

TITLE
Property Director & Director
COMPENSATION
£617K
AGE
55
TENURE
5.3 yrs

Janine Ackermann

TITLE
Head of Investor Relations

Michelle Daniels

TITLE
Group Head of Marketing
TENURE
4.4 yrs

Helder Pereira

TITLE
Chief Executive Officer of Redefine BDL Hotel Group Limited
AGE
63
TENURE
6.1 yrs

Lisa Hibberd

TITLE
Company Secretary
TENURE
9.4 yrs

Mark Sennett

TITLE
Executive Officer of Corovest International - Property Adviser

Richard Breese

TITLE
Executive Officer of Corovest International - Property Adviser
Board of Directors Tenure

Average tenure and age of the RDI REIT board of directors in years:

5.3
Average Tenure
58
Average Age
  • The tenure for the RDI REIT board of directors is about average.
Board of Directors

Gavin Tipper

TITLE
Chairman
COMPENSATION
£52K
AGE
53
TENURE
0.9 yrs

Mike Watters

TITLE
CEO & Director
COMPENSATION
£977K
AGE
58
TENURE
5.5 yrs

Donald Grant

TITLE
CFO & Director
COMPENSATION
£572K
AGE
44
TENURE
3.8 yrs

Stephen Oakenfull

TITLE
Deputy CEO & Director
COMPENSATION
£675K
AGE
38
TENURE
5.5 yrs

Adrian Horsburgh

TITLE
Property Director & Director
COMPENSATION
£617K
AGE
55
TENURE
5.3 yrs

Michael James Farrow

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£52K
AGE
64

Sue Ford

TITLE
Independent Non-Executive Director
COMPENSATION
£45K
AGE
58
TENURE
5.5 yrs

Robert Orr

TITLE
Independent Non-Executive Director
COMPENSATION
£52K
AGE
59
TENURE
4.2 yrs

Liz Peace

TITLE
Non-executive Director
COMPENSATION
£35K
AGE
65
TENURE
1.6 yrs

Marc Wainer

TITLE
Non-Executive Director
COMPENSATION
£45K
AGE
70
TENURE
7.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by RDI REIT individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
26. Apr 19 Buy Michael Watters Individual 25. Apr 19 25. Apr 19 16,000 £1.28 £20,534
24. Apr 19 Buy State Street Global Advisors, Inc. Company 23. Apr 19 23. Apr 19 134,384 £1.48 £198,794
24. Apr 19 Buy BlackRock, Inc. Company 23. Apr 19 23. Apr 19 12,520 £1.43 £17,889
24. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 23. Apr 19 23. Apr 19 2,328 £1.59 £3,702
24. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 23. Apr 19 23. Apr 19 -113,220 £1.58 £-178,891
24. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 23. Apr 19 23. Apr 19 111,048 £1.59 £176,659
23. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 18. Apr 19 18. Apr 19 4,898 £1.60 £7,835
23. Apr 19 Sell Allan Gray Limited Company 18. Apr 19 18. Apr 19 -25,300 £1.59 £-40,110
23. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 18. Apr 19 18. Apr 19 -65,653 £1.59 £-104,445
23. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 18. Apr 19 18. Apr 19 67,601 £1.60 £107,913
18. Apr 19 Sell BlackRock, Inc. Company 17. Apr 19 17. Apr 19 -132,797 £1.57 £-207,920
18. Apr 19 Buy BlackRock, Inc. Company 17. Apr 19 17. Apr 19 13,762 £1.54 £21,115
18. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 17. Apr 19 17. Apr 19 -409,620 £1.60 £-654,718
18. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 17. Apr 19 17. Apr 19 389,308 £1.60 £622,465
18. Apr 19 Buy M&G Investment Management Limited Company 17. Apr 19 17. Apr 19 176,295 £1.59 £279,849
17. Apr 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 16. Apr 19 16. Apr 19 -300 £1.59 £-477
17. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 16. Apr 19 16. Apr 19 300 £1.59 £477
17. Apr 19 Buy BlackRock, Inc. Company 16. Apr 19 16. Apr 19 924 £1.59 £1,469
17. Apr 19 Sell Allan Gray Limited Company 16. Apr 19 16. Apr 19 -7,500 £1.56 £-11,675
17. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 16. Apr 19 16. Apr 19 -40,559 £1.60 £-65,005
17. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 16. Apr 19 16. Apr 19 51,424 £1.64 £84,209
16. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Apr 19 15. Apr 19 8,047 £1.54 £12,396
16. Apr 19 Buy State Street Global Advisors, Inc. Company 15. Apr 19 15. Apr 19 64,982 £1.54 £99,793
16. Apr 19 Buy Legal & General Investment Management Limited Company 15. Apr 19 15. Apr 19 1,200 £1.54 £1,843
16. Apr 19 Buy M&G Investment Management Limited Company 15. Apr 19 15. Apr 19 18,016 £1.52 £27,449
16. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 15. Apr 19 15. Apr 19 -3,039 £1.53 £-4,650
16. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 15. Apr 19 15. Apr 19 3,890 £1.53 £5,952
15. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 12. Apr 19 12. Apr 19 -47,751 £1.53 £-73,047
15. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 12. Apr 19 12. Apr 19 62,331 £1.53 £95,521
15. Apr 19 Sell Allan Gray Limited Company 12. Apr 19 12. Apr 19 -2,300 £1.53 £-3,513
15. Apr 19 Buy M&G Investment Management Limited Company 12. Apr 19 12. Apr 19 12,281 £1.52 £18,720
15. Apr 19 Buy BlackRock, Inc. Company 12. Apr 19 12. Apr 19 12,149 £1.52 £18,502
15. Apr 19 Buy State Street Global Advisors, Inc. Company 12. Apr 19 12. Apr 19 76,452 £1.52 £116,398
11. Apr 19 Sell Allan Gray Limited Company 09. Apr 19 09. Apr 19 -3,800 £1.52 £-5,779
12. Apr 19 Buy BlackRock, Inc. Company 11. Apr 19 11. Apr 19 9,857 £1.54 £15,118
12. Apr 19 Sell State Street Global Advisors, Inc. Company 11. Apr 19 11. Apr 19 -1,664 £1.54 £-2,556
12. Apr 19 Buy State Street Global Advisors, Inc. Company 11. Apr 19 11. Apr 19 9,864 £1.53 £15,053
12. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 11. Apr 19 11. Apr 19 -50,159 £1.52 £-76,370
12. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 11. Apr 19 11. Apr 19 60,755 £1.53 £92,868
11. Apr 19 Buy M&G Investment Management Limited Company 10. Apr 19 10. Apr 19 16,200 £1.51 £24,519
11. Apr 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 10. Apr 19 10. Apr 19 -11,523 £1.51 £-17,377
11. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 10. Apr 19 10. Apr 19 18,216 £1.51 £27,590
11. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 10. Apr 19 10. Apr 19 -24,491 £1.51 £-37,000
11. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 10. Apr 19 10. Apr 19 26,653 £1.54 £40,954
11. Apr 19 Buy State Street Global Advisors, Inc. Company 10. Apr 19 10. Apr 19 10,853 £1.51 £16,424
10. Apr 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 09. Apr 19 09. Apr 19 -1,000 £1.50 £-1,495
10. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 09. Apr 19 09. Apr 19 1,000 £1.50 £1,495
10. Apr 19 Buy BlackRock, Inc. Company 09. Apr 19 09. Apr 19 4,452 £1.52 £6,749
10. Apr 19 Buy Legal & General Investment Management Limited Company 09. Apr 19 09. Apr 19 12,830 £1.50 £19,181
10. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 09. Apr 19 09. Apr 19 -18,923 £1.51 £-28,510
10. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 09. Apr 19 09. Apr 19 28,577 £1.51 £43,054
09. Apr 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 08. Apr 19 08. Apr 19 -350 £1.58 £0
09. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 08. Apr 19 08. Apr 19 350 £1.55 £542
09. Apr 19 Buy BlackRock, Inc. Company 08. Apr 19 08. Apr 19 17,073 £1.55 £26,410
09. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 08. Apr 19 08. Apr 19 -7,405 £1.57 £-11,603
09. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 08. Apr 19 08. Apr 19 14,209 £1.57 £22,265
08. Apr 19 Sell Sanlam Investment Management (Pty) Ltd. Company 05. Apr 19 05. Apr 19 -1,935 £1.57 £-3,047
08. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 05. Apr 19 05. Apr 19 -5,688 £1.61 £-9,145
08. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 05. Apr 19 05. Apr 19 9,685 £1.61 £15,576
05. Apr 19 Buy State Street Global Advisors, Inc. Company 04. Apr 19 04. Apr 19 4,799 £1.58 £7,581
05. Apr 19 Sell BlackRock, Inc. Company 04. Apr 19 04. Apr 19 -924 £1.59 £-1,469
05. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 04. Apr 19 04. Apr 19 -29,058 £1.61 £-46,739
05. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 04. Apr 19 04. Apr 19 33,786 £1.61 £54,252
05. Apr 19 Buy Sanlam Investment Management (Pty) Ltd. Company 04. Apr 19 04. Apr 19 4,288 £1.58 £6,783
04. Apr 19 Buy State Street Global Advisors, Inc. Company 03. Apr 19 03. Apr 19 26,568 £1.56 £41,319
04. Apr 19 Sell BlackRock, Inc. Company 03. Apr 19 03. Apr 19 -76,070 £1.54 £-116,927
04. Apr 19 Buy BlackRock, Inc. Company 03. Apr 19 03. Apr 19 2,932 £1.58 £4,554
04. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 03. Apr 19 03. Apr 19 -26,027 £1.56 £-40,484
04. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 03. Apr 19 03. Apr 19 33,328 £1.57 £52,270
03. Apr 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 02. Apr 19 02. Apr 19 -6,220 £1.54 £-9,599
03. Apr 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 02. Apr 19 02. Apr 19 3,110 £1.54 £4,787
03. Apr 19 Buy State Street Global Advisors, Inc. Company 02. Apr 19 02. Apr 19 202,894 £1.55 £314,486
03. Apr 19 Sell BlackRock, Inc. Company 02. Apr 19 02. Apr 19 -17,158 £1.53 £-26,222
03. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 02. Apr 19 02. Apr 19 -26,767 £1.54 £-41,307
03. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 02. Apr 19 02. Apr 19 23,785 £1.55 £36,808
02. Apr 19 Sell BlackRock, Inc. Company 01. Apr 19 01. Apr 19 -69,081 £1.54 £-106,213
02. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 01. Apr 19 01. Apr 19 -37,544 £1.56 £-58,423
02. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 01. Apr 19 01. Apr 19 32,821 £1.54 £50,685
01. Apr 19 Sell BlackRock, Inc. Company 29. Mar 19 29. Mar 19 -45,078 £1.52 £-68,345
01. Apr 19 Buy BlackRock, Inc. Company 29. Mar 19 29. Mar 19 11,153 £1.52 £16,953
01. Apr 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 29. Mar 19 29. Mar 19 -49,387 £1.51 £-74,659
01. Apr 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 29. Mar 19 29. Mar 19 50,298 £1.53 £76,893
01. Apr 19 Buy Sanlam Investment Management (Pty) Ltd. Company 29. Mar 19 29. Mar 19 7,841 £1.52 £11,903
29. Mar 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 28. Mar 19 28. Mar 19 -23,748 £1.49 £-35,342
29. Mar 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 28. Mar 19 28. Mar 19 21,875 £1.49 £32,554
29. Mar 19 Sell BlackRock, Inc. Company 28. Mar 19 28. Mar 19 -8,508 £1.50 £-12,731
29. Mar 19 Buy BlackRock, Inc. Company 28. Mar 19 28. Mar 19 5,402 £1.50 £8,084
29. Mar 19 Buy Sanlam Investment Management (Pty) Ltd. Company 28. Mar 19 28. Mar 19 2,941 £1.45 £4,277
28. Mar 19 Buy BlackRock, Inc. Company 27. Mar 19 27. Mar 19 14,269 £1.47 £21,031
28. Mar 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 27. Mar 19 27. Mar 19 -30,402 £1.45 £-44,097
28. Mar 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 27. Mar 19 27. Mar 19 60,804 £1.49 £0
28. Mar 19 Sell M&G Investment Management Limited Company 27. Mar 19 27. Mar 19 -191,500 £1.45 £-278,029
28. Mar 19 Sell RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 27. Mar 19 27. Mar 19 -2,390,393 £1.53 £-3,660,326
28. Mar 19 Buy RMB Morgan Stanley (Pty) Ltd, Asset Management Arm Company 27. Mar 19 27. Mar 19 2,392,948 £1.54 £3,681,628
28. Mar 19 Buy Sanlam Investment Management (Pty) Ltd. Company 27. Mar 19 27. Mar 19 913 £1.46 £1,337
27. Mar 19 Sell Investec Asset Management Limited Company 26. Mar 19 26. Mar 19 -248,851 £1.31 £-326,779
27. Mar 19 Sell State Street Global Advisors, Inc. Company 26. Mar 19 26. Mar 19 -148,662 £1.29 £-191,774
X
Management checks
We assess RDI REIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. RDI REIT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RDI News

Simply Wall St News

What You Need To Know Before Investing In RDI REIT PLC (LON:RDI)

real estate investment trust (REIT) based in London, United Kingdom. … See our latest analysis for RDI REIT … This term is very common in the REIT investing world as it provides a cleaner look at its cash flow from daily operations by excluding impact of one-off activities or non-cash items such as depreciation.

Simply Wall St -

Should You Buy RDI REIT PLC (LON:RDI) Now?

received a lot of attention from a substantial price movement on the LSE over the last few months, increasing to £0.38 at one point, and dropping to the lows of £0.32. … A question to answer is whether RDI REIT's current trading price of £0.35 reflective of the actual value of the? … Let’s take a look at RDI REIT’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Should RDI REIT PLC (LON:RDI) Be Part Of Your Portfolio?

Over the past 7 years, RDI REIT PLC (LON:RDI) has returned an average of 11.00% per year to shareholders in terms of dividend yield. … 5 questions I ask before picking a dividend stock … When researching a dividend stock, I always follow the following screening criteria:

Simply Wall St -

What You Need To Know Before Investing In RDI REIT PL.C. (LON:RDI)

LSE:RDI Historical Debt Mar 7th 18 Robust financial health can be measured using a common metric in the REIT investing world, FFO-to-debt. … Next, interest coverage ratio shows how many times RDI’s earnings can cover its annual interest payments. … Instead of the P/E ratio, P/FFO is used instead, which is very common for REIT stocks.

Simply Wall St -

Will RDI REIT PLC's (LON:RDI) Earnings Grow In The Years Ahead?

The most recent earnings update RDI REIT PLC's (LSE:RDI) released in August 2017 indicated that the company experienced a major tailwind, more than doubling its earnings from the prior year. … Below is a brief commentary on my key takeaways on how market analysts predict RDI REIT's earnings growth outlook over the next few years and whether the future looks even brighter than the past. … The slope of this line is the rate of earnings growth, which in this case is 6.59%.

Simply Wall St -

Redefine International PLC (LSE:RDI): Dividend Is Coming In 3 Days, Should You Buy?

See our latest analysis for RDI Here's how I find good dividend stocks When researching a dividend stock, I always follow the following screening criteria: Is their annual yield among the top 25% of dividend payers? … With Redefine International producing strong dividend income for your portfolio over the past few years, you can take comfort in knowing that this stock will still continue to be a robust dividend generator moving forward. … Taking into account the dividend metrics, Redefine International ticks most of the boxes as a strong dividend investment, putting it in my list of top dividend payers.

Simply Wall St -

Redefine International PLC (LSE:RDI): Is Real Estate An Attractive Sector Play?

Real estate analysts are forecasting for the entire industry, negative growth in the upcoming year , and an optimistic near-term growth of 12.19% over the next couple of years. … In this article, I’ll take you through the real estate sector growth expectations, as well as evaluate whether RDI is lagging or leading its competitors in the industry. … Over the past year, the industry saw negative growth of -21.58%, underperforming the UK market growth of 11.30%.

Simply Wall St -

Best LSE Real Estate Dividend Picks For The Day

Redefine International Plc (LSE:RDI) RDI has an appealing dividend yield of 6.81% and the company has a payout ratio of 71.19% , with analysts expecting the payout in three years to be 91.67%. … LSE:RDI Historical Dividend Yield Nov 13th 17 Sirius Real Estate Limited (LSE:SRE) SRE has a sumptuous dividend yield of 4.50% and has a payout ratio of 35.91% , and analysts are expecting a 69.12% payout ratio in the next three years. … LSE:MTVW Historical Dividend Yield Nov 13th 17 For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.

Simply Wall St -

RDI Company Info

Description

RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term. Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector or tenant, together with an efficient capital structure. The secure and growing income stream is 26.7% indexed and has a WAULT of 6.5 years to first break (8.1 years to expiry). This is complemented by an average debt maturity of 7.1 years of which over 90% of interest costs are either fixed or capped. The Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt. The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's two largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals spread across UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail parks, UK hotels and German retail. RDI is well placed to take advantage of the increasing occupier requirement for real estate owners to become high quality service providers, given its scalable operational platforms and nearly a third of the portfolio invested in hotels and London serviced offices. RDI holds a primary listing on the London Stock Exchange and a secondary listing on the JSE and is included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

Details
Name: RDI REIT P.L.C.
RDI
Exchange: LSE
Founded: 2005
£410,497,116
380,089,923
Website: http://www.rdireit.com
Address: RDI REIT P.L.C.
33 Regent Street,
London,
Greater London, SW1Y 4NB,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE RDI Ordinary Shares London Stock Exchange GB GBP 23. Aug 2011
JSE RPL Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 23. Aug 2011
BATS-CHIXE RDIL Ordinary Shares BATS 'Chi-X Europe' GB GBP 23. Aug 2011
Number of employees
Current staff
Staff numbers
226
RDI REIT employees.
Industry
Diversified REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 21:40
End of day share price update: 2019/06/24 00:00
Last estimates confirmation: 2019/06/21
Last earnings filing: 2019/04/25
Last earnings reported: 2019/02/28
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.