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Dividend Declaration

8 Jul 2021 11:30

RNS Number : 6324E
Ediston Property Inv Comp PLC
08 July 2021
 

8 July 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 to 30 June 2021 of 0.4167 pence per share, as timetabled below:

 

Ex-Dividend Date:

15 July

Record Date:

16 July

Pay Date:

30 July

 

This monthly dividend of 0.4167 pence per share equates to an annualised dividend level of 5.00 pence per share and is unchanged from the previous dividend declared on 3 June. 

 

Following a 25% increase in the dividend, announced in April 2021, the Board can report continued good rent collection and a well-covered dividend. It is the Board's intention to continue to increase the dividend and review the dividend level after the year end.

The Company expects to publish its net asset value as at 30 June 2021 later this month and will provide a full trading update at that time.

 

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

 

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