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Tritax Big Box projects 4.7% YOY rise in FY'18 dividend

Tritax Big Box REIT PLC projected to pay out dividend worth 6.70 pence per ordinary share for the year ending Dec. 31, reflecting a 4.7% year-over-year uptick from 6.40 pence.

The industrial real estate investment trust also declared an interim dividend of 1.60 pence per ordinary share for the quarter ended Dec. 31, 2017, similar to the payment made for the previous three-month period.

The dividend will be paid as a property income distribution on or around March 29 to shareholders on record March 16.