REG - Tritax Big Box REIT - Dividend Declaration

Tritax Big Box REITAnnouncement

07/08/2024 07:15

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RNS Number : 4477Z  Tritax Big Box REIT plc  07 August 2024

7 August 2024

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 April 2024 to 30 June 2024
of 1.825 pence per ordinary share, payable on or around 6 September 2024 to
shareholders on the register on 23 August 2024. The ex-dividend date will be
22 August 2024.

 

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 of 7.30 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.

 

 

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

 

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 Tritax Group                                                      Tel: +44 (0) 20 8051 5060

 Colin Godfrey (CEO)                                               bigboxir@tritax.co.uk (mailto:bigboxir@tritax.co.uk)

 Frankie Whitehead (CFO)

 Ian Brown (Head of Corporate Strategy & Investor Relations)

 Kekst CNC (Communications Adviser)                                Tel: +44 (0) 7760 160 248

 Tom Climie/Guy Bates                                              tritax@kekstcnc.com (mailto:tritax@kekstcnc.com)

 

The Company's LEI is: 213800L6X88MIYPVR714

 

NOTES:

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in
high-quality logistics warehouse assets and controls the largest
logistics-focused land platform in the UK. BBOX is committed to delivering
attractive and sustainable returns for Shareholders by investing in and
actively managing existing built investments and land suitable for logistics
development, The Company focuses on well-located, modern logistics assets,
typically let to institutional-grade tenants on long-term leases with
upward-only rent reviews and geographic and tenant diversification throughout
the UK. The Company seeks to exploit the significant opportunity provided by
the imbalance between strong occupational demand and constrained 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 premium segment of
the Official List of the UK Financial Conduct Authority and is a constituent
of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

 

Further information on Tritax Big Box REIT is available
at www.tritaxbigbox.co.uk (http://www.tritaxbigbox.co.uk/)

 

 

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