22nd Jul 2021 07:00
22 July 2021
Secure Income REIT Plc
(the "Company")
Increase in quarterly dividend
The Board of Secure Income REIT Plc (AIM: SIR), the specialist long term income REIT, today declares an interim quarterly dividend of 3.95 pence per share in respect of the year ending 31 December 2021, in line with the dividend guidance provided in the 2020 Annual Report.
This represents an increase of 8.2% and follows continued strong rent collections (following the announcement on 8 July 2021 of a 98.7% collection rate) and the increases in contractual rents receivable as the Covid related rent concessions expire. All rents receivable are contracted to return to their pre-Covid trajectories once the remaining rent concessions expire within the next six months.
Dividends will be payable on 3 September 2021 to shareholders on the register on 30 July 2021 and the ex-dividend date will be 29 July 2021. The dividend will be paid as a Property Income Distribution in respect of the Company's tax-exempt property rental business.
For further information on the Company, please contact:
Secure Income REIT Plc | +44 20 7647 7647 |
Nick Leslau | |
Mike Brown | |
Sandy Gumm
| |
Stifel Nicolaus Europe Limited (Nominated Adviser) | +44 20 7710 7600 |
Stewart Wallace
| |
FTI Consulting (PR Adviser) Dido Laurimore Claire Turvey Eve Kirmatzis | +44 20 3727 1000 |
The Company's LEI is 213800M1VI451RU17H40.
Further information on Secure Income REIT plc is available at www.SecureIncomeREIT.co.uk.
Dividend withholding tax deductions
Shareholders entitled to elect to receive distributions without deduction for withholding tax should complete the declaration form which is available in the Investor Centre of the Company's website, www.SecureIncomeREIT.co.uk. Alternatively, the form may be requested by email to [email protected] or by writing to the Company Secretary, Secure Income REIT Plc, Cavendish House, 18 Cavendish Square, London W1G 0PJ. Shareholders who qualify for gross payments are, principally, UK resident companies, certain UK public bodies, UK charities, UK pension schemes and the managers of ISAs, PEPs and Child Trust Funds, in each case subject to certain conditions. Individuals and non-UK residents do not qualify for gross payments of distributions and should not complete the declaration form.
Related Shares:
SIR.L