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EDISTON PROPERTY INVESTMENT COMPANY
Notice of Dividend Amount • Dec 2, 2020
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Notice of Dividend Amount
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National Storage Mechanism | Additional information 
RNS Number : 3034H
Ediston Property Inv Comp PLC
02 December 2020
02 December 2020
Ediston Property Investment Company plc
(LEI: 213800JRL87EGX9TUI28)
Announcement of Interim Dividend
Declaration of Interim Dividend
The Company declares its interim dividend (property income distribution) payment in respect of the period from 1 November 2020 to 30 November 2020 of 0.3333 pence per share, as timetabled below:
| Ex-Dividend Date: | 10 December |
| Record Date: | 11 December |
| Pay Date: | 31 December |
This monthly dividend of 0.3333 pence per share equates to an annualised dividend level of 4.00 pence per share and is unchanged from the previous dividend declared on 4 November.
Quarter 4 rent collection update
At the date of this announcement, rent collection is in line with previous forecasts. If the tenants who pay their rent monthly continue to do so, it is projected that the Company will collect 94% of the rent due for quarter 4. On this basis, the current dividend level would be 134% covered by rent collected (less expenses) for quarter 4.
The Company intends to publish, later this month, its annual report and accounts for the year ended 30 September 2020.
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| Enquiries | ||
| Will Barnett | - Investec Bank plc | 0207 597 5873 |
| Calum Bruce | - Ediston Investment Services Limited | 0131 225 5599 |
| Ruth Wright | - JTC | 0203 893 1011 |
| Ben Robinson | - Kaso Legg Communications | 0203 995 6672 |
| Stephanie Ross | - Kaso Legg Communications | 0203 995 6676 |
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