Business
Charter Hall Social Infrastructure (ASX:CQE) shares higher after upgrading dividend guidance
The Charter Hall Social Infrastructure REIT (ASX: CQE) share price has been a positive performer on Thursday.
In late afternoon trade the social infrastructure-focused property company’s shares are up 3% to $3.03.
Why is the Charter Hall Social Infrastructure share price pushing higher?
Investors have been buying Charter Hall Social Infrastructure shares today following the release of a solid half year result this morning.
According to the release, for the six months ended 31 December, the company delivered a 14.1% increase in operating earnings to $29.1 million.
This was driven largely by an 8.2% increase in net property income to $34.4 million and a 9.4% reduction in operating expenses to $7.7 million.
From this, the company…
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