Announcement of Interim Dividend

RNS Number : 9324N

Ediston Property Inv Comp PLC

04 February 2021

 

04 February 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 January 2021 to 31 January 2021 of 0.3333 pence per share, as timetabled below:

Ex-Dividend Date:	11 February
Record Date:	12 February
Pay Date:	26 February

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 theprevious dividend declared on 6January.  

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 90% of the rent due for quarter 1. On this basis, the current dividend level would be 127% covered by rent collected (less expenses) for quarter 1.

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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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