TIDMEPIC

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    12 November 
  Date: 
 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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November 04, 2020 07:18 ET (12:18 GMT)

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