Tritax Big Box REIT plc Dividend Declaration (0867N)
January 27 2016 - 1:00AM
UK Regulatory
TIDMBBOX
RNS Number : 0867N
Tritax Big Box REIT plc
27 January 2016
27 January 2016
TRITAX BIG BOX REIT PLC
(the "Company")
DIVIDEND DECLARATION
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX)
has today declared an interim dividend in respect of the period
from 1 July 2015 to 31 December 2015 of 3.0 pence per ordinary
share, payable on or around 9 March 2016 to shareholders on the
register on 12 February 2016. The ex-dividend date will be 11
February 2016.
2.25 pence of this dividend will be paid as a Property Income
Distribution ("PID") in respect of the Company's tax exempt
property rental business and 0.75 pence will be paid as an ordinary
UK dividend ("non-PID").
The Company is targeting an aggregate dividend of 6.2 pence per
ordinary share for the year ending 31 December 2016(1) .
Note:
(1) The target dividend is a target only and not a profit
forecast. There can be no assurance that the target will be met and
it should not be taken as an indication of the Company's expected
or actual future results.
For further information, please contact:
Tritax Group via Newgate (below)
Colin Godfrey (Partner,
Fund Manager)
Newgate (PR Adviser) Tel: 020 7680 6550
James Benjamin Email: tritax@newgatecomms.com
Alex Shilov
Lydia Thompson
Jefferies International Tel: 020 7029 8000
Limited
Gary Gould
Stuart Klein
Akur Limited Tel: 020 7493 3631
Anthony Richardson
Tom Frost
Siobhan Sergeant
NOTES:
Tritax Big Box REIT plc is a real estate investment trust to
which Part 12 of the UK Corporation Tax Act 2010 applies. The
Company invests in a portfolio of well-located, modern "Big Box"
assets, typically greater than 500,000 sq. ft., let to
institutional-grade tenants on long-term leases (typically at least
12 years in length) with upward-only rent reviews (giving inflation
linked earnings growth), with geographic and tenant diversification
throughout the UK. The Company seeks to exploit the significant
opportunity in this sub-sector of the UK logistics market owing to
strong tenant demand in high growth areas of the economy and
limited stock supply. The Company is the only listed vehicle to
give pure exposure to the "Big Box" asset class in the UK.
Further information on Tritax Big Box REIT plc is available at
www.tritaxbigbox.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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