Dividend Declaration

RNS Number : 6452K

Target Healthcare REIT Limited

01 August 2013

 



To:                   RNS Company Announcements

Date:               1 August 2013

Company:        Target Healthcare REIT Limited

Subject:           First Interim Dividend

Announcement of First Interim Dividend

In accordance with the Prospectus dated 22 February 2013, the Company has today declared its first interim dividend payment in respect of the period from its launch on 7 March 2013 to 30 June 2013 of 2 pence per share as detailed in the schedule below:

Interim ordinary dividend                                       1.62 pence per share

Interim Property Income Distribution (PID)            0.38 pence per share

Ex-Dividend Date:              7 August 2013

Record Date:                     9 August 2013

Pay Date:                        30 August 2013

It is anticipated that, in the absence of unforeseen circumstances, the Company will pay quarterly dividends of 1.5 pence per Share in November 2013 (for the quarter to 30 September), February 2014 (for the quarter to 31 December 2013), May 2014 (for the quarter to 31 March) and August 2014 (for the final quarter of the Company's first financial period to 30 June). 

Enquiries:

Kenneth MacKenzie

Target Advisers LLP

01786 406 581

Graeme Caton

Winterflood Securities Limited

020 3100 0268

 

END

 

 

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