4 Feb 2021 07:00
04 February 2021
Ediston Property Investment Company plc
(LEI: 213800JRL87EGX9TUI28)
Announcement of Interim Dividend
Declaration of Interim Dividend
The Company declares its interim dividend (property income distribution) payment in respect of the period from 1 January 2021 to 31 January 2021 of 0.3333 pence per share, as timetabled below:
Ex-Dividend Date: | 11 February |
Record Date: | 12 February |
Pay Date: | 26 February |
This monthly dividend of 0.3333 pence per share equates to an annualised dividend level of 4.00 pence per share and is unchanged from the previous dividend declared on 6 January.
Rent collection update
At the date of this announcement, rent collection is in line with previous forecasts. If the tenants who pay their rent monthly continue to do so, it is projected that the Company will collect 90% of the rent due for quarter 1. On this basis, the current dividend level would be 127% covered by rent collected (less expenses) for quarter 1.
End
Enquiries | ||
Will Barnett | - Investec Bank plc | 0207 597 5873 |
Calum Bruce | - Ediston Investment Services Limited | 0131 225 5599 |
Ruth Wright | - JTC | 0203 893 1011 |
Ben Robinson | - Kaso Legg Communications | 0203 995 6672 |
Stephanie Ross | - Kaso Legg Communications | 0203 995 6676 |