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LXI REIT

Alaric
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LXI REIT

#309669

Postby Alaric » May 18th, 2020, 3:15 pm

This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Wizard
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Re: LXI REIT

#309765

Postby Wizard » May 18th, 2020, 9:46 pm

Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?

MDW1954
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Re: LXI REIT

#309975

Postby MDW1954 » May 19th, 2020, 1:45 pm

Wizard wrote:
Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?


"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.

I hold LXI, and have done for a couple of years now.

MDW1954

Wizard
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Re: LXI REIT

#310003

Postby Wizard » May 19th, 2020, 3:24 pm

MDW1954 wrote:
Wizard wrote:
Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651

The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/

Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?


"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.

I hold LXI, and have done for a couple of years now.

MDW1954

I would have thought that in a thread that says "cut cancelled or suspended dividends" it should be pretty obvious it is not the case on that thread.

MDW1954
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Re: LXI REIT

#310106

Postby MDW1954 » May 19th, 2020, 11:13 pm

Wizard wrote:
MDW1954 wrote:
Wizard wrote:Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?


"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.

I hold LXI, and have done for a couple of years now.

MDW1954

I would have thought that in a thread that says "cut cancelled or suspended dividends" it should be pretty obvious it is not the case on that thread.


Yes, agreed. In retrospect, a thread titled "cancelled, reduced, or suspended dividends" would have been clearer. "Cut" is ambiguous.

MDW1954


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