Tritax Big Box REIT plc Dividend Declaration (3410K)
05 May 2022 - 12:45AM
UK Regulatory
TIDMBBOX
RNS Number : 3410K
Tritax Big Box REIT plc
04 May 2022
4 May 2022
TRITAX BIG BOX REIT PLC
(the " Company " or, together with its subsidiaries, the " Group " )
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 January 2022 to 31 March 2022 of 1.675 pence per ordinary
share, payable on or around 1 June 2022 to shareholders on the
register on 13 May 2022. The ex-dividend date will be 12 May
2022.
In accordance with the Company's dividend policy, the first,
second and third quarter dividend payments will each represent 25%
of the previous financial year's annual dividend of 6.70 pence per
ordinary share. The level of the fourth quarter dividend will be
used to determine any potential dividend progression, with an
overall aim to achieve a pay-out ratio in excess of 90% of Adjusted
earnings.
This dividend will be a Property Income Distribution
("PID").
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tritax Group Tel: +44 (0) 20 8051 5060
Colin Godfrey (CEO, Fund Management) bigboxir@tritax.co.uk
Frankie Whitehead (Finance Director)
Ian Brown / Jo Blackshaw (Investor
Relations)
Kekst CNC (Communications Adviser) Tel: +44 (0) 7971 578 507
Neil Maitland/Tom Climie tritax@kekstcnc.com
The Company's LEI is: 213800L6X88MIYPVR714
NOTES:
Tritax Big Box REIT plc (ticker: BBOX) is the largest listed
investor in high-quality logistics warehouse assets and controls
the largest logistics-focused land platform in the UK. BBOX is
committed to delivering attractive and sustainable returns for
Shareholders by investing in and actively managing existing built
investments and land suitable for logistics development, The
Company focuses on well-located, modern logistics assets, typically
let to institutional-grade tenants on long-term leases with
upward-only rent reviews and geographic and tenant diversification
throughout the UK. The Company seeks to exploit the significant
opportunity provided by the imbalance between strong occupational
demand and constrained supply of modern logistics real estate in
the UK.
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
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END
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