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DRIP Drum Income Plus Reit Plc

50.00
0.00 (0.00%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Drum Income Plus Reit Plc LSE:DRIP London Ordinary Share GB00BW4NWS02 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 50.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Drum Income Plus REIT PLC Dividend Declaration (0857E)

04/05/2017 7:00am

UK Regulatory


Drum Income Plus Reit (LSE:DRIP)
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RNS Number : 0857E

Drum Income Plus REIT PLC

04 May 2017

4 May 2017

Drum Income Plus REIT plc

("Drum" or the "Company")

Dividend Declaration

The Company announces an interim dividend of 1.375p per share in respect of the quarter ended 31 March 2017. This represents an increase 4.8% on the dividend paid in respect of the same period last year. The whole of the dividend will be designated as an interim property income distribution. This dividend will be paid on 26 May 2017 to shareholders on the register as at 12 May 2017. The ex-dividend date will be 11 May 2017.

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 
Richard Sloss (Sales)                                               0131 240 3863 
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

END

DIVAJMJTMBJMBTR

(END) Dow Jones Newswires

May 04, 2017 02:00 ET (06:00 GMT)

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