Last checked at 
26 Apr 2016 07:00
26 April 2016
Starwood European Real Estate Finance Limited: Dividend Declaration
Starwood European Real Estate Finance Limited (the "Company") has declared a dividend in respect of the period 1 January 2016 to 31 March 2016 of 1.625 pence per Share, payable on 19 May 2016 to Shareholders on the register at 6 May 2016. The ex-dividend date will be 5 May 2016.
This is in line with the target dividend communicated in the second half of 2015. The Group had a strong first quarter of 2016 and earnings could support a 1.75 pence (7.0 pence annualised) dividend. However, the board decided that the payment of a 6.5 pence annualised dividend would enable a small contingency to be retained from those solid quarterly earnings in the context of the current underlying loan repayments. The board has decided it would prefer to ensure, so far as is possible, that it has sufficient reserves to pay a consistent 6.5 pence dividend.
For further information, please contact:
Ipes (Guernsey) Limited
Nick Robilliard
T: +44 1481 735827
Notes:
Starwood European Real Estate Finance Limited is an investment company listed on the main market of the London Stock Exchange with an investment objective to provide Shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and Continental European markets. www.starwoodeuropeanfinance.com