Drum Income Plus REIT PLC Dividend Declaration (4717P)
17 November 2016 - 9:46PM
UK Regulatory
TIDMDRIP
RNS Number : 4717P
Drum Income Plus REIT PLC
17 November 2016
17 November 2016
Drum Income Plus REIT plc
("Drum" or the "Company")
Dividend Declaration
The Company announces an interim dividend of 1.3125p per share
in respect of the quarter ended 30 September 2016, all of which
will be designated as an interim property income distribution. This
dividend will be paid on 2 December 2016 to shareholders on the 25
November 2016. The ex-dividend date will be 24 November 2016.
The Board is targeting fully covered aggregate quarterly
dividends of at least 5.5p per share in respect of the year ending
30 September 2017 and at least 6.0p per share in respect of the
year ending 30 September 2018*.
*Target returns only and not a profit forecast. There can be no
assurance that these targets will be met and they should not be
taken as an indication of expected or actual current or future
results.
Enquiries:
Drum Real Estate Investment Management (Investment Manager)
Bryan Sherriff 0131 285 0050
Cantor Fitzgerald Europe (Financial Adviser and Corporate Broker)
Sue Inglis (Corporate Finance) 020 7894 8016
Ben Heatley (Sales) 020 7894 8529
Dickson Minto W.S. (Sponsor)
Douglas Armstrong 020 7649 6823
Drum Income Plus REIT Plc
Martin Cassels, Company Secretary 0131 550 3760
Weber Shandwick (Financial PR)
Richard Bright 0131 556 6649
Nick Oborne 020 7067 0721
This information is provided by RNS
The company news service from the London Stock Exchange
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