TIDMEPIC

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    11 March 2021 
  Date: 
 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 the previous 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 
 

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(END) Dow Jones Newswires

March 04, 2021 07:46 ET (12:46 GMT)