Dividend Declaration

RNS Number : 2139R

Ediston Property Inv Comp PLC

04 March 2021

 

04 March 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 February 2021 to 28 February 2021 of 0.3333 pence per share, as timetabled below:

Ex-Dividend Date:	11 March 2021
Record Date:	12 March 2021
Pay Date:	31 March 2021

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 theprevious dividend declared on 4   February .  

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 92% of the rent due for quarter 1. On this basis, the current dividend level would be 123% 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

 

END

 

 

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