REG - Tritax Big Box REIT - Dividend Declaration

Tritax Big Box REITAnnouncement

10/10/2024 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241010:nRSJ7644Ha&default-theme=true

RNS Number : 7644H  Tritax Big Box REIT plc  10 October 2024

10 October 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 July 2024 to 30 September
2024 of 1.825 pence per ordinary share, payable on or around 27 November
2024 to shareholders on the register on 1 November 2024. The ex-dividend date
will be 31 October 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

 Frankie Whitehead (CFO)

 Ian Brown (Head of Corporate Strategy & Investor Relations)

 Kekst CNC (Communications Adviser)                                Tel: +447760160248

 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) owns, manages and develops supply chain
infrastructure that is critical to the UK economy. The company has the UK's
largest logistics investment and development portfolio, providing businesses
with the space to succeed.

 

Using its sector specialism and deep market insights, BBOX proactively manages
high-quality logistics assets, typically let on long-term leases with
upward-only rent reviews, majoring on locations that have good access to
power, connectivity and people. BBOX has market leading ESG credentials,
delivering sustainable real estate solutions and capitalising on the
significant opportunities arising from structurally supported occupational
demand and limited 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 (Ticker: BBOX) and is a
constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

 

See www.tritaxbigbox.co.uk (http://www.tritaxbigbox.co.uk/) for more
information.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVEASEEFDELFFA