No change 1.50p This represents an increase of 6.7% on the two interim dividends paid to date of 1.5p per ordinary share.The company said the increase reflects the successful deployment of the proceeds of the capital raise in April 2019 and the positive outlook for earnings.
The company said discussions with potential occupiers are progressing well.In October 2019, the company completed the acquisition of the 29-acre Midpoint Estate in Middlewich, Cheshire. Plus growth, cover and dividend yield. REIT dividends are mostly taxed at ordinary income tax rates. The Company has declared its first interim dividend in respect of the first quarter of the financial year ending 31 March 2021 of 1.55 pence per ordinary share, payable on 3 October 2020 to shareholders on the register on 28 August 2020. The new lettings and renewals cover a total of 189,000 sq ft of space and generate £1.1m per annum of contracted rent. The existing estate comprises 12 units totalling 184,800 sq ft and has strong transport links being situated on Junction 4 of the M57, approximately seven miles from Liverpool city centre. Future dividend dates can be found in Warehouse Reit targets £100m in fundraising . Diversified: REITs that own properties in multiple categories. BUY. The 20 lease renewals generate a combined annual rent of £300,000, an uplift of 9.2% as compared to the previous rent.Total contracted rent is now £31.5m. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day. REITs are not only popular because they distribute generous dividends, but also because they are easy to understand. The ex-dividend date will be 27 August 2020.
The 182,500 sq ft multi-let estate comprises 20 high quality warehouse units in a strategic location within two miles of Junction 18 of the M6 motorway and approximately 26 miles south of Manchester.
The Company has declared its first interim dividend in respect of the first quarter of the financial year ending 31 March 2021 of 1.55 pence per ordinary share, payable on 2 October 2020 to shareholders on the register on 28 August 2020. Our website offers information about investing and saving, but not personal advice. Tips of the Week .
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article's content and its accuracy. The sales are part of the ongoing strategy to dispose of non-core assets (one was retail, two were office and two were sold to an owner occupier).The company declared its third quarterly interim dividend for the financial year ending 31 March 2020 of 1.6p per ordinary share payable on 31 March 2019 to shareholders on the register on 28 February 2020. The selling price currently displayed is higher than the buying price. Robust revenues and low costs allow us to reward shareholders through attractive and progressive dividends. Tap into Warehouse Reit's takeover potential . We may not share 1.50p Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions. 1.50p BUY.