Forum Tag ... News: RDC Redcape Hotel Group Announces Distribution Of 1.83 Cents Per Security : Thread: Hot News: 0: 104: 0: 22/09/20: 22/09/20: ASX - By Stock: Thread: Created with Sketch. Redcape Hotel Group added half a per cent to 94¢ on its guidance for first-half earnings to exceed the previous corresponding period with the benefit of JobKeeper. 0.92 AUD. The material in this presentation has been prepared by Redcape Hotel Group Management Ltd (ACN 610 990 004) (AFSL 505 932) (RHGM) as responsible entity of the Redcape Hotel Group (comprising Redcape Hotel Trust I ARSN 629 354 614 and Redcape Hotel Trust II ARSN 629 354 696) (“RedcapeHotel Group”or “Redcape… It operates 32 hotels in New South Wales and Queensland, as well as 23 bottle shops, four motels, and The Australian Brewery. The Company offers a range of services, including food and beverage, gaming, accommodation, events, and meetings. Redcape Hotel Group (RDC) is an Australian hotel business operating a portfolio of 32 hotels located across NSW and QLD. About Redcape Hotel Group Redcape Hotel Group owns and operates hotels and motels. Redcape Hotel Group provided update that Business is performing positively. The deal will be settled before June 2021. Distribution for the quarter ended 31 December 2019 (paid 28 February 2020) 2.211 - Distribution for the quarter ended 30 June 2020 (payable 31 August 2020) 0.310 - Comments Redcape Hotel Group has adopted AASB 16 Leases for the year ended 30 June 2020 using the modified retrospective approach and as such the … Redcape has bought the Gladstone Hotel in Sydney for $38 million, while Hotel Property investments has bought two pubs in Queensland and in Melbourne for $63 million. Redcape Hotel Group Management Ltd (ACN 610 990 004) (AFSL 505932) is the responsible entity of Redcape Hotel Trust I (ARSN 629 354 614) and Redcape otel Trust (ARSN 629 354 696) (together “Redcape” or “Redcape otel roup”). This is despite a material reduction in gearing as a result of the portfolio changes completed and announced during the half-year. Redcape noted that its FY20 guidance provided back in August 2019 has been increased. Vendor FAL Group held it for 23 years. Redcape Hotel Group's earnings per share have fallen -279% over the past year. Redcape Hotel Group announced a distribution of 1.83c per stapled security for the first quarter ending 30 September 2020 ("Distribution") with a record date of 30 September 2020 and payment date of 30 November 2020. The hotel group acquired the city-fringe pub – as well as the Little Bottler Bottleshop and Local Liquor Superstore – for $38 million, excluding transaction costs. Redcape Group has exchanged contracts to pay $27.5m for freehold/going concern of the Shafston Hotel at Kangaroo Point and the Aspley Hotel at Aspley. REFRESH. Dan Brady, Chief Executive Officer of Redcape Hotel Group said “We are delighted in moving toward being a listed … The Company announced that it has secured an additional $100m funding facility with an expiry of December 2025. Redcape (ASX:RDC) advises it has exchanged contracts to acquire the Gladstone Hotel, which it says will complement its portfolio of “suburban community hotels in high growth … The forecast FY19 cash distribution yield is 7.7%, with distributions paid quarterly. Expand Company Description Redcape Hotel Group (RDC) Dividends. ASX listed Redcape Hotel Group has purchased another western Sydney venue, this time at Emu Plains. The Company offers a range of services, including food and beverage, gaming, accommodation, events, … Redcape Hotel Group Pty Ltd has stepped back into the buyers’ circle. The … ASX-listed Redcape has put forth a very positive result for the first quarter of FY21, citing quick adaptation to the changing landscape and stamping an upcoming distribution for security-holders. Created with Sketch. The O’Donoghues Hotel at 99 Great Western Highway – near Victoria Bridge and Penrith – is costing $30.5 million. Redcape Hotel Group annual stock financials by MarketWatch. Redcape Hotel Group, a hospitality company, owns and operates hotels in Australia. Redcape Hotel Group company facts, information and stock details by MarketWatch. The Company offers a range of services, including food and beverage, gaming, accommodation, events, … The latest Redcape Hotel Group [RDC] news, articles, data and analysis from The Australian Financial Review Redcape Hotel Group (ASX:RDC) announced its FY20 financial results on 19 August, which included noting revenues during July … Redcape Hotel Group owns and operates hotels and motels. ASX-listed Redcape Hotel Group has acquired the freehold going concern of the Gladstone Hotel Dulwich Hill in one of the largest transactions of 2020. The company was founded in 2013 and is based in Sydney, Australia. The company said it expects to deliver distributable earnings of 9.2 cps or greater with distributions maintained at 8.75 cps and a payout ratio less than 100% of distributable earnings. 1. New Thread. View the latest RDC financial statements, income statements and financial ratios. Redcape Hotel Group Announces Trading Update, Interim Distribution, Debt Extension and Acquisition: 22 Dec 2020 Redcape Hotel Group Announces Dividend: 08 Dec 2020 Redcape Hotel Group Acquires the Shafston Hotel and the Aspley Hotel : 19 Nov 2020 Redcape Hotel Group Management Ltd, Responsible Entity of the Redcape Hotel Group (ASX: RDC) (“Redcape” or “Group”), today announced the Group’s full-year distributable earnings in line with the PDS guidance driven by portfolio expansion and enhancement, and like-for-like revenue growth supported … Reviews from Redcape Hotel Group employees about Redcape Hotel Group culture, salaries, benefits, work-life balance, management, job security, and more. It reported Interim distribution of 1.83c per stapled security for the quarter ending 31 December 2020. Change-0.01 (-0.54%) Post Thread. View RDC business summary and other industry information. Redcape Hotel Group Pty Ltd. RDC.AX. Pub landlord Redcape Hotel Group has reinstated its distributions after a bumper first quarter of the financial year following lockdowns. Created with Sketch. Find out more at Intelligent Investor Redcape Hotel Group is a rare case where dividends have been decreasing at the same time as earnings per share have been improving. Redcape Hotel Group 13F SEC filings breakout by MarketWatch. The Company updated that in its FY20 financial results release on 19 August 2020, it … Redcape Hotel Group, a hospitality company, owns and operates hotels in Australia. Pubs operator Redcape Hotel Group Pty Ltd has continued its buying spree, announcing today that it has acquired two pubs in Queensland for $27.5 million. The Redcape Hotel Group Pty Ltd (ASX: RDC) share price has slumped lower this afternoon after the group released a key trading update. Redcape Hotel Group . Redcape Hotel Group owns and operates hotels and motels. Redcape Hotel Group Annual stock financials by MarketWatch. 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