Tritax Big Box REIT plc Dividend Declaration (1760P)
09 Octubre 2019 - 1:00AM
UK Regulatory
TIDMBBOX
RNS Number : 1760P
Tritax Big Box REIT plc
09 October 2019
9 October 2019
TRITAX BIG BOX REIT PLC
(the "Company")
DIVIDEND DECLARATION
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX)
has today declared an interim dividend in respect of the period
from 1 July to 30 September 2019 of 1.7125 pence per ordinary
share, payable on or around 14 November 2019 to shareholders on the
register on 18 October 2019. The ex-dividend date will be 17
October 2019.
This dividend will be a Property Income Distribution
("PID").
The Company is targeting an aggregate dividend of 6.85 pence per
ordinary share for the year ending 31 December 2019(1) , an
increase of 2.2% over the aggregate dividend paid for 2018.
Note:
(1) The target dividend is a target only and not a forecast.
There can be no assurance that the target will be met and it should
not be taken as an indication of the Company's expected or actual
future results.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tritax Group via Maitland below
Colin Godfrey (Partner, Fund
Manager)
Maitland/AMO (Communications Tel: 020 7379 5151
Adviser) tritax-maitland@maitland.co.uk
James Benjamin
Jefferies International Limited Tel: 020 7029 8000
Gary Gould
Stuart Klein
Akur Limited Tel: 020 7493 3631
Anthony Richardson
Tom Frost
Siobhan Sergeant
The Company's LEI is: 213800L6X88MIYPVR714
NOTES:
Tritax Big Box REIT plc is the only listed vehicle dedicated to
investing in very large logistics warehouse assets ("Big Boxes") in
the UK and is committed to delivering attractive and sustainable
returns for shareholders. Investing in and actively managing
existing built investments, land suitable for Big Box development
and developments predominantly delivered through a pre-let forward
funded basis, the Company focuses on large, well-located, modern
Big Box logistics assets, let to institutional-grade tenants on
long-term leases (typically at least 12 years in length) with
upward-only rent reviews and geographic and tenant diversification
throughout the UK. The Company seeks to exploit the significant
opportunity in this sub-sector of the UK logistics market owing to
strong tenant demand and limited supply of Big Boxes.
The Company is a real estate investment trust to which Part 12
of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on
the premium segment of the Official List of the UK Financial
Conduct Authority and is a constituent of the FTSE 250, FTSE
EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at
www.tritaxbigbox.co.uk
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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