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Tritax Big Box REIT ups dividend YOY for quarter to Sept. 30

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Tritax Big Box REIT ups dividend YOY for quarter to Sept. 30

Tritax Big Box REIT Plc announced a year-over-year increase to its quarterly interim dividend for the period between July 1 to Sept. 30 at 1.60 pence per ordinary share, up from 1.54 pence per share from the year-ago period.

The dividend will be paid out on or around Nov. 16 to shareholders of record Oct. 20, with the ex-dividend date set for Oct. 19.

The trust also said in a release that it is aiming to pay out an aggregate dividend of 6.40 pence per share for the 2017 calendar year, with the distribution to be completely funded by adjusted earnings from its real estate portfolio.