Stoneweg still flying under the radar, but great performer nevertheless. In S&P latest assessment of the company they reaffirmed the BBB- credit rating and expected a payout of between 75M and 80M Euro in 2026. The business trust total units currently in issue (Jan 2026) are 556,401,613. This would imply a 2026 distribution of between 0.135 and 0.145 Euro cents/unit. Given the current price of 1.71 Euro, that gives an approx yield of between 8% and 9%. I would expect SET to trade nearer its NAV by the end of 2026 and to provide a stable return over the coming years. Also for the gearing ratio to drop to around 38%, which will be announced at its full year results briefing in March. Link to summary of S&P Report below.
https://investor.stonewegeuropestapledtrus...
Stoneweg still flying under the radar, but great performer nevertheless. In S&P latest assessment of the company they reaffirmed the BBB- credit rating and expected a payout of between 75M and 80M Euro in 2026. The business trust total units currently in issue (Jan 2026) are 556,401,613. This would imply a 2026 distribution of between 0.135 and 0.145 Euro cents/unit. Given the current price of 1.71 Euro, that gives an approx yield of between 8% and 9%. I would expect SET to trade nearer its NAV by the end of 2026 and to provide a stable return over the coming years. Also for the gearing ratio to drop to around 38%, which will be announced at its full year results briefing in March. Link to summary of S&P Report below.
https://investor.stonewegeuropestapledtrus...
Reply to @KelvinNo6 : 😮 cool