Tritax Big Box REIT PLC intends to pay an interim dividend of 1.675 pence per ordinary share for the first quarter, higher than the 1.60 pence per share paid out in the previous quarter.

The dividend will be paid on or around June 11 to shareholders on record as of May 25, according to a release.

Additionally, the real estate investment trust reiterated that it is targeting a total dividend of 6.70 pence per ordinary share for the year ending Dec. 31, 4.7% higher than the 6.40 pence paid in 2017.