REG - Residential Secure - Dividend Declaration

Residential Secure IncomeAnnouncement

01/08/2024 07:00

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RNS Number : 6777Y  Residential Secure Income PLC  01 August 2024

1 August 2024

 

Residential Secure Income plc

("ReSI" or the "Company")

Dividend Declaration

Residential Secure Income plc (LSE: RESI), which invests in independent
retirement living and shared ownership to deliver secure, inflation-linked
returns, is pleased to declare an interim dividend of 1.03 pence per Ordinary
Share to be paid in the financial year to 30 September 2024.

The full 1.03 pence of the dividend will be paid as a Property Income
Distribution ("PID") in respect of the Company's tax-exempt property rental
business.

This dividend will be paid on 9 September 2024 to Shareholders on the register
as at 9 August 2024. The ex-dividend date is 8 August 2024.

ReSI intends to pay dividends to Shareholders on a quarterly basis and in
accordance with the REIT regime.

For further information, please contact:

 Gresham House Real Estate

 Ben Fry                    +44 (0) 20 7382 0900

 Sandeep Patel

 Peel Hunt LLP

 Luke Simpson               +44 (0) 20 7418 8900

 Huw Jeremy

 KL Communications          gh@kl-communications.com (mailto:gh@kl-communications.com)

 Charles Gorman             +44 (0) 20 3882 6644

 Charlotte Francis

 

About ReSI plc

 

Residential Secure Income plc (LSE: RESI) is a real estate investment trust
(REIT) focused on delivering secure, inflation-linked returns with a focus on
two resident sub-sectors in UK residential - independent retirement rentals
and shared ownership - underpinned by an ageing demographic and untapped and
strong demand for affordable homeownership.

ReSI plc's purpose is to deliver affordable, high-quality, safe homes with
great customer service and long-term stability of tenure for residents. We
achieve this through meeting demand from housing developers, housing
associations, local authorities, and private developers for long-term
investment partners to accelerate the development of socially and economically
beneficial affordable housing.

ReSI plc's subsidiary, ReSI Housing Limited, is registered as a for-profit
Registered Provider of social housing, and so provides a unique proposition to
its housing developer partners, being a long-term private sector landlord
within the social housing regulatory environment. As a Registered Provider,
ReSI Housing can acquire affordable housing subject to s106 planning
restrictions and housing funded by government grant.

About Gresham House and Gresham House Real Estate

Gresham House is a specialist alternative asset manager committed to operating
responsibly and sustainably, taking the long view in delivering sustainable
investment solutions.

Gresham House Real Estate has an unparalleled track record in the affordable
housing sector over 20 years.

Gresham House Real Estate offers long-term equity investments into UK housing,
through listed and unlisted housing investment vehicles, each focused on
addressing different areas of the affordable housing problem. Each fund aims
to deliver stable and secure inflation-linked returns whilst providing social
and environmental benefits to its residents, the local community, and the
wider economy.

Further information on ReSI plc is available at www.resi-reit.com
(http://www.resi-reit.com) , and further information on Gresham House is
available at www.greshamhouse.com (http://www.greshamhouse.com)

 

 

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