Drum Income Plus REIT PLC Dividend Declaration (7818G)
26 Luglio 2019 - 8:00AM
UK Regulatory
TIDMDRIP
RNS Number : 7818G
Drum Income Plus REIT PLC
26 July 2019
26 July 2019
LEI: 213800FG3PJGQ3KQH756
Drum Income Plus REIT plc
("Drum" or the "Company")
Dividend Declaration
The Company announces an interim dividend of 1.5p per share in
respect of the quarter ended 30 June 2019, the same level as 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 23 August 2019 to
shareholders on the register as at 9 August 2019. The ex-dividend
date will be 8 August 2019.
The Board is targeting fully covered aggregate quarterly
dividends of at least 6.0p per share in respect of the year ending
30 September 2019*. At the current share price of 80.5p this would
represent an annualised dividend yield of 7.5%.
*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)
Robert Peel (Corporate Finance) 020 7894 7719
Richard Sloss (Sales) 0131 257 4626
Dickson Minto W.S. (Sponsor)
Douglas Armstrong 020 7649 6823
Drum Income Plus REIT plc
George Bayer, Company Secretary 01245 398984
Weber Shandwick (Financial PR)
Richard Bright 0131 556 6649
Nick Oborne 020 7067 0721
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 rns@lseg.com or visit www.rns.com.
END
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