About us Services Portfolio Investors Responsible business News and media Contact us STRATEGY Portfolio value £0.0bn Home / About us / Strategy Share: STRONG PERFORMANCE DELIVERING STRATEGIC OBJECTIVES The internalisation of the Group's management structure, further rental growth and reductions in the cost of finance will help maintain our strategy of paying a progressive dividend to our shareholders which is fully covered by earnings. BUSINESS MODEL INVESTMENT CASE Strategic objectives Deliver progressive returns General progressive shareholder returns through a combination of earnings and valuation growth. Activity in 2020 Adjusted earnings per share 5.8 pence increased by 5.5% (2019: 5.5 pence). Dividend per share increased by 5.4% to 5.9 pence. Total NAV return of 10.9p. Average cost of debt 3.5%. £4.3 million p.a. cost saving from cancelling and re-couponing fixed rate swaps. Looking forward Strong investment pipeline both in the UK and Ireland. Strategy of paying a progressive dividend that is covered by earnings in each financial year. Internalisation of management structure, in 2021, with cost savings estimated at £4.0 million p.a., equivalent to 0.3 pence per share. Content sourced from 2020 Annual Report. Grow property portfolio Manage effectively and efficiently Fund diversified, long term funding CONTACT US Can’t find what you are looking for? then please contact us. Follow us © 2017-2021 Primary Health Properties Registered office Fifth floor Greener House 66–68 Haymarket London SW1Y 4RF Tel: +44 (0) 207 104 5599 Fax: +44 (0) 207 451 7051 Registered company no. 3033634 Place of incorporation: England Useful links SITEMAP ACCESSIBILITY COOKIE DECLARATION PRIVACY TERMS MODERN SLAVERY ACT