Real Estate Investors PLC Q3 Dividend Declaration (8482K)
December 18 2018 - 6:04AM
UK Regulatory
TIDMRLE
RNS Number : 8482K
Real Estate Investors PLC
18 December 2018
18 December 2018
Real Estate Investors Plc
("REI" or the "Company")
Q3 Dividend Declaration
Real Estate Investors Plc (AIM: RLE), the London Stock Exchange
listed Real Estate Investment Trust (REIT) with a portfolio of 1.5
million sq ft of commercial property in the Midlands property
market across all sectors, is pleased to announce its Q3 dividend
declaration.
In accordance with its progressive dividend policy, REI will pay
a Q3 dividend of 0.875 pence per share for the period 1 July 2018
to 30 September 2018. The payment will be made on 25 January 2019
to all shareholders on the register as at 28 December 2018. The
ex-dividend date will be 27 December 2018. This dividend will be a
non-Property Income Distribution (non-PID).
Enquiries:
Real Estate Investors Plc
Paul Bassi +44 (0)121 212 3446
Cenkos Securities plc
Azhic Basirov/David Jones +44 (0)20 7397 8900
Liberum
Jamie Richards/William Hall +44 (0)20 3100 2000
Gable Communications Limited +44 (0)20 7193 7463
John Bick +44 (0)7872 061 007
About Real Estate Investors Plc
Real Estate Investors Plc is a publicly quoted, internally
managed property investment company and REIT with a portfolio of
1.5 million sq ft of commercial property, managed by a
highly-experienced property team with over 100 years of combined
experience of operating in the Midlands property market across all
sectors.
The Company's strategy is to invest in well located, real estate
assets in the established and proven markets of central Birmingham
and the Midlands, with income and capital growth potential,
realisable through active portfolio management, refurbishment,
change of use and lettings. The portfolio has no material reliance
on a single asset or occupier.
On 1st January 2015, the Company converted to a REIT. Real
Estate Investment Trusts are listed property investment companies
or groups not liable to corporation tax on their rental income or
capital gains from their qualifying activities.
The Company aims to deliver capital growth and income
enhancement from its assets, supporting a progressive dividend
policy. Further information on the Company can be found at
www.reiplc.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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