Real Estate Investors PLC Q1 2021 Dividend Declaration (4517C)

TIDMRLE

RNS Number : 4517C

Real Estate Investors PLC

21 June 2021

Real Estate Investors Plc

("REI" or the "Company")

Q1 2021 Dividend Declaration

Real Estate Investors Plc (AIM:RLE), the UK's only Midlands-focused Real Estate Investment Trust (REIT), with a portfolio of 1.6 million sq ft of commercial property across all sectors, is pleased to announce that in accordance with its progressive dividend policy, REI will pay a fully covered Q1 2021 dividend of 0.75 pence per share for the period 1 April 2021 to 30 June 2021 (Q1 2020: 0.5 pence per share). The payment will be made on 23 July 2021 to all shareholders on the register as at 2 July 2021. The ex-dividend date will be 1 July 2021. This dividend will be a Property Income Distribution (PID).

Enquiries:

 
Real Estate Investors Plc 
 Paul Bassi/Marcus Daly        [phone] 
Cenkos Securities 
 Katy Birkin/Ben Jeynes        [phone] 
Liberum 
 Jamie Richards/William Hall   [phone] 
Allenby Capital 
 Nick Naylor                   [phone] 
Novella Communications 
 Tim Robertson/Fergus Young      [phone] 
 

About Real Estate Investors Plc

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.6 million sq ft of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors. The Company's strategy is to invest in well located, real estate assets in the established and proven markets across the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings. The portfolio has no material reliance on a single asset or occupier. On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities. The Company aims to deliver capital growth and income enhancement from its assets, supporting its progressive dividend policy. Further information on the Company can be found at www.reiplc.com .

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DIVEAKKPFEKFEFA

(END) Dow Jones Newswires

June 21, 2021 02:00 ET (06:00 GMT)