Secure Income REIT PLC Dividend Declaration (7215P)
21 October 2021 - 5:00PM
UK Regulatory
TIDMSIR
RNS Number : 7215P
Secure Income REIT PLC
21 October 2021
21 October 2021
Secure Income REIT Plc (AIM:SIR)
(the "Company")
Quarterly dividend rate maintained
The Board of Secure Income REIT Plc, the specialist long term
income REIT, today declares an interim quarterly dividend of 3.95
pence per share in respect of the year ending 31 December 2021, in
line with the dividend guidance provided in the 2020 Annual
Report.
As previously announced, the quarterly dividend increased by
8.2% from 3.65 pence per share to 3.95 pence per share in July 2021
and the quarterly dividend is expected to remain at this level for
the first two quarters of 2022.
All rents receivable are contracted to return to their pre-Covid
trajectories once the remaining rent concessions expire within the
next three months. With 58% of rental income derived from leases
with upward only RPI linked rent reviews, 41% subject to fixed
uplifts and 1% to open market review, and following the very high
rent collection rates experienced to date, the Board remains
confident the business is well positioned to deliver rental income
growth.
Dividends will be payable on 3 December 2021 to shareholders on
the register on 29 October 2021 and the ex-dividend date will be 28
October 2021. The dividend will be paid as a Property Income
Distribution in respect of the Company's tax-exempt property rental
business.
For further information on the Company, please contact:
Secure Income REIT Plc +44 20 7647 7647
Nick Leslau Enquiries@SecureIncomeREIT.co.uk
Mike Brown
Sandy Gumm
Stifel Nicolaus Europe
Limited
(Nominated Adviser) +44 20 7710 7600
Stewart Wallace StifelSecureIncomereit@Stifel.com
FTI Consulting
(PR Adviser) +44 20 3727 1000
Dido Laurimore SecureIncomeREIT@fticonsulting.com
Claire Turvey
Eve Kirmatzis
The Company's LEI is 213800M1VI451RU17H40.
Further information on Secure Income REIT plc is available at
www.SecureIncomeREIT.co.uk.
Dividend withholding tax deductions
Shareholders entitled to elect to receive distributions without
deduction for withholding tax should complete the declaration form
which is available in the Investor Centre of the Company's website,
www.SecureIncomeREIT.co.uk . Alternatively, the form may be
requested by email to Enquiries@SecureIncomeREIT.co.uk or by
writing to the Company Secretary, Secure Income REIT Plc, Cavendish
House, 18 Cavendish Square, London W1G 0PJ. Shareholders who
qualify for gross payments are, principally, UK resident companies,
certain UK public bodies, UK charities, UK pension schemes and the
managers of ISAs, PEPs and Child Trust Funds, in each case subject
to certain conditions. Individuals and non-UK residents do not
qualify for gross payments of distributions and should not complete
the declaration form.
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END
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