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viewEdiston Property Investment Company Plc

Ediston Prop Inv - Dividend Declaration

RNS Number : 2649E
Ediston Property Inv Comp PLC
04 November 2020
 

04 November 2020

 

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 October 2020 to 31 October 2020 of 0.3333 pence per share, as timetabled below:

 

Ex-Dividend Date:

12 November

Record Date:

13 November

Pay Date:

27 November

 

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 8 October. 

 

Quarter 4 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 93% of the rent due for quarter 4. On this basis, the current dividend level would be 139% covered by rent collected (less expenses) for quarter 4.

The Company intends to publish its annual report and accounts for the year ended 30 September 2020, in December 2020.

 

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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Quick facts: Ediston Property Investment Company Plc

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Market: LSE
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