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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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