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DIVIDEND DECLARATION

8th May 2025 07:00

RNS Number : 7802H
Tritax Big Box REIT plc
08 May 2025
 

8 May 2025

 

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 January 2025 to 31 March 2025 of 1.915p pence per ordinary share, payable on or around 13 June 2025 to shareholders on the register on 23 May 2025. The ex-dividend date will be 22 May 2025.

This dividend will be a Property Income Distribution ("PID").

 

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 which, for the year ended 31 December 2024, amounted to 7.66 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.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Tritax Group

Colin Godfrey (CEO)

Frankie Whitehead (CFO)

Ian Brown (Head of Corporate Strategy & Investor Relations)

Tel: +44 (0) 20 7290 1616

[email protected]

 

 

 

 

Kekst CNC (Communications Adviser)

Guy Bates/ Tom Climie

 

Tel: +44 7581 056415

[email protected]

 

 

 

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 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.

 

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 [email protected] 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.
 
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