23rd Jan 2019 08:05
LONDON (Alliance News) - Real estate investment trust British Land Co PLC on Wednesday declared a third interim dividend for the period ended December 31 of 7.75 pence.
The dividend, which represents a 3.0% year-on-year increase, will be paid on May 3.
For the financial year ended last March, British Land paid a total dividend of 30.08p and forecasted a 31.00p dividend for the current financial year.
In November, in the release of its interim results, British Land declared an half-year dividend of 15.50p, meaning the third-interim dividend raises its total payout to 23.25p for the year so far and keeps the company on track for its 31.00p forecast.
The stock was down 0.8% at 552.80p early Wednesday.
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