Tritax Big Box REIT plc Dividend Declaration

RNS Number : 7644H

Tritax Big Box REIT plc

10 October 2024

 

10 October 2024

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 declared an interim dividend in respect of the period from 1 July 2024 to 30 September 2024 of 1.825 pence per ordinary share, payable on or around 27 November 2024 to shareholders on the register on 1 November 2024. The ex-dividend date will be 31 October 2024.

 

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 7.30 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 Colin Godfrey (CEO) Frankie Whitehead (CFO) Ian Brown (Head of Corporate Strategy & Investor Relations)	Tel: [phone] [e-mail]
Kekst CNC (Communications Adviser) Tom Climie/ Guy Bates	Tel: [phone] [e-mail]

 

The Company's LEI is: 213800L6X88MIYPVR714

 

NOTES:

Tritax Big Box REIT plc (ticker: BBOX) owns, manages and develops supply chain infrastructure that is critical to the UK economy. The company has the UK's largest logistics investment and development portfolio, providing businesses with the space to succeed.

 

Using its sector specialism and deep market insights, BBOX proactively manages high-quality logistics assets, typically let on long-term leases with upward-only rent reviews, majoring on locations that have good access to power, connectivity and people. BBOX has market leading ESG credentials, delivering sustainable real estate solutions and capitalising on the significant opportunities arising from structurally supported occupational demand and limited 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, is listed on the premium segment of the Official List of the UK Financial Conduct Authority (Ticker: BBOX) and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

 

See www.tritaxbigbox.co.uk for more information.

 

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