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REG - Picton Property Inc. - Picton announces dividend increase

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RNS Number : 3286H  Picton Property Income Limited  06 May 2025

6 May 2025

 

PICTON PROPERTY INCOME LIMITED

('Picton' or the 'Company')

 

Dividend Declaration

 

Picton announces dividend increase

 

 

Picton today announces a 2.7% increase in its dividend, effective May 2025.

 

The interim dividend payment in respect of the financial period from 1 January
2025 to 31 March 2025, will be 0.95 pence per share (1 October 2024 to 31
December 2024: 0.925 pence per share).

 

The dividend timetable is set out below:

 

 Ex-Dividend Date  15 May 2025
 Record Date       16 May 2025
 Pay Date          30 May 2025

 

The dividend of 0.95 pence per share will be designated as a property income
distribution ('PID').

 

 

For further information:

 

Picton

Kathy Thompson, Company Secretary

020 7011 9988, kathy.thompson@picton.co.uk
(mailto:kathy.thompson@picton.co.uk)

 

 

About Picton

Established in 2005, Picton is listed on the main market of the London Stock
Exchange and is a constituent of a number of EPRA indices including the FTSE
EPRA Nareit Global Index.

 

Picton owns and actively manages a £737 million UK commercial property
portfolio, invested across 48 assets and with around 350 occupiers (as at 31
December 2024).

 

Through an occupier focused, opportunity led approach, Picton aims to be one
of the consistently best performing diversified UK REITs and has delivered
upper quartile outperformance and a consistently higher income return than the
MSCI Quarterly Property Index since launch.

 

With a portfolio strategically positioned to capture income and capital
growth, currently weighted towards the industrial sector, Picton's agile
business model provides flexibility to adapt to evolving market trends over
the long-term.

 

Picton has a responsible approach to business and is committed to being net
zero carbon by 2040.

 

For more information please visit: www.picton.co.uk (http://www.picton.co.uk)
 

 

LEI: 213800RYE59K9CKR4497

ENDS

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