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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Social Housing Reit Plc | SOHO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.50 | 0.87% | 58.30 | 16:29:50 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 57.90 | 57.80 | 58.30 | 58.30 | 57.80 |
| Industry Sector |
|---|
| REAL ESTATE INVESTMENT TRUSTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 21/11/2024 | Interim | GBP | 0.01365 | 28/11/2024 | 29/11/2024 | 13/12/2024 |
| 12/09/2024 | Interim | GBP | 0.01365 | 19/09/2024 | 20/09/2024 | 04/10/2024 |
| 17/05/2024 | Interim | GBP | 0.01365 | 30/05/2024 | 31/05/2024 | 28/06/2024 |
| 07/03/2024 | Interim | GBP | 0.01365 | 14/03/2024 | 15/03/2024 | 28/03/2024 |
| 13/11/2023 | Interim | GBP | 0.01365 | 30/11/2023 | 01/12/2023 | 15/12/2023 |
| 06/09/2023 | Interim | GBP | 0.01365 | 14/09/2023 | 15/09/2023 | 29/09/2023 |
| 24/05/2023 | Interim | GBP | 0.01365 | 08/06/2023 | 09/06/2023 | 30/06/2023 |
| 02/03/2023 | Interim | GBP | 0.01365 | 16/03/2023 | 17/03/2023 | 31/03/2023 |
| 23/11/2022 | Interim | GBP | 0.01365 | 01/12/2022 | 02/12/2022 | 16/12/2022 |
| 08/09/2022 | Interim | GBP | 0.01365 | 15/09/2022 | 16/09/2022 | 30/09/2022 |
| 30/05/2022 | Interim | GBP | 0.01365 | 09/06/2022 | 10/06/2022 | 24/06/2022 |
| 03/03/2022 | Interim | GBP | 0.013 | 10/03/2022 | 11/03/2022 | 25/03/2022 |
| 04/11/2021 | Interim | GBP | 0.013 | 11/11/2021 | 12/11/2021 | 17/12/2021 |
| 03/09/2021 | Interim | GBP | 0.013 | 16/09/2021 | 17/09/2021 | 30/09/2021 |
| 17/05/2021 | Interim | GBP | 0.013 | 27/05/2021 | 28/05/2021 | 25/06/2021 |
| 04/03/2021 | Interim | GBP | 0.01295 | 11/03/2021 | 12/03/2021 | 26/03/2021 |
| 05/11/2020 | Interim | GBP | 0.01295 | 12/11/2020 | 13/11/2020 | 18/12/2020 |
| 26/08/2020 | Interim | GBP | 0.01295 | 03/09/2020 | 04/09/2020 | 25/09/2020 |
| 14/05/2020 | Interim | GBP | 0.01295 | 21/05/2020 | 22/05/2020 | 26/06/2020 |
| Top Posts |
|---|
Posted at 15/3/2025 22:53 by loglorry1 MySpace provided the housing services for the vulnerable tenants. They were paid by the local authority/ government. SOHO let the properties to MySpace who needed them to provide the service. MySpace was poorly run and went bust owing SOHO rent. |
Posted at 14/3/2025 20:12 by north sea boy I notice the RNS today; results not being announced until 24th March. Given that they would normally have been ExDiv yesterday, with payment around 28th March, then this must mean that the dividend is to be paid late this quarter. I hope this is not a red flag that may indicate a cut to, or even suspension of the dividend? Anyone else have similar thoughts or fears in this?Best wishesNSB |
Posted at 11/3/2025 20:58 by moth1 Care Reit is being acquired at around its asset value.It was trading at around 30% discount to its asset value. SOHO is not a basket case. Sooner or later it will be a takeover target itself. Such discounts don't persist for ever. In the meantime it should continue to pay a healthy dividend. |
Posted at 09/3/2025 08:34 by easybrent Which are SOHO biggest peers in the UK market, both listed and not listed corps? |
Posted at 07/2/2025 19:22 by williamcooper104 BLND is on leas if a discount, but it's still on a c35% discount CLI and RGL are on wider discounts than SOHO So the discount itself isn't reason enough to be cautious The balance sheet is excellent The share price hasn't recovered from the fall out over HOME reit CVA are a pain; but they don't necessarily take that long to get through c11x FFO on low leverage with little beta to the wider economy |
Posted at 07/2/2025 19:00 by superiorshares loglorryMy Space is an agency . SOHO owns the properties and rents them to Myspace , Myspace gets all of it`s money off the Government . Every tenant with MYSPACE is on the dole . This is not specific to SOHO and Myspace , it is how it works with every single housing provider and Agency . MYSPACE , YMCA, FRAMEWORK, SHELTER ,CORNERHOUSE, NACRO, etc etc etc . They all work to the same script |
Posted at 06/2/2025 20:50 by loglorry1 From the last RNS : "The Company has 34 properties let to My Space. As cited in the 21 November 2024 announcement, My Space has not paid any rent or other sums due since June 2024 in respect of those properties. "It literally says My Space were to pay SOHO rents rather than collecting them from the local authority or tenant (which is what I think you mean by HMO). There's also a nice flow diagram of how it all works on their presentations. SOHO own the properties we know this because they have secured debt against them. Please short as many as you can. |
Posted at 03/2/2025 19:07 by loglorry1 I'm not 100% sure but I think Gov paid MySpace to provide housing and related services. From that MySpace pay rents to SOHO. Apparently MySpace couldn't afford the rent after supplying the services so it all collapsed. I don't think SOHO got paid rent directly from the Gov otherwise obviously SOHO would just sue HMG for what they are owed. Appols if this is incorrect but I think it's close.The divi is covered without MySpace and the properties have been moved to a new manager. |
Posted at 31/1/2025 07:50 by superiorshares Loglorry1The Housing will always be provided as long as the Welfare system doesn`t collapse ? People do not realise just how much housing is paid for by Welfare payments . The vast majority of vulnerable people are drug addicts and some additional payments for support in that area are very easily axed . In Theory SOHO will still get their money because it will affect the agencies but not the actual Landlord . All I`m saying is, How profitable will smaller agencies be, if additional payments above actual rent , are axed ? I have been through SOHO property portfolio on their Website and some of those HMO`S are your bog standard rooms for addicts and Prisoner`s out on Licence etc . Last one with regard to MYSPACE , how the hell haven`t they been done for fraud ? The monies for the rents have been paid for by the Taxpayer ( about £260 per room , per week ) If they are not paying their rent to SOHO , Who is having all that Tax money ? |
Posted at 21/11/2024 13:46 by pdt I took the opportunity to add this morning.I suspect they will get the MySpace leases transferred in 2025 with the new manager in place in January. The dividend yield of 9% is fully covered now and will be more covered when the move is completed. The NAV will improve once leases are moved and the big discount to NAV (110p vs 60p) will narrow. An advantage is that debt is on a long fix. I don't think the sale of £20m of properties will make much difference one way or the other. Happy to hold and collect dividend. |
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