Clipstone Logistics REIT plc Announces August Dividend, Payable on August 26, 2020; Provides Dividend Guidance for the November 2020 and February 2021
August 07, 2020 at 07:44 am EDT
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Clipstone Logistics REIT plc announced that august dividend of 1.00 pence per share with ex-dividend on August 20, 2020, record date is on August 24, 2020 and payment date is on August 26, 2020.
Clipstone Logistics REIT plc announced that On this basis, the updated cash flow projections indicate the REIT could pay an improved dividend rate of 4 pence per share (annualised; so 1 pence per share per quarter) for the dividends to be paid in November 2020 and February 2021.
Clipstone Logistics REIT plc is a United Kingdom-based real estate investment trust (REIT). The Trust focuses on the acquisition and management of distribution warehouses. In addition, the REIT targets South East multi-let industrials. The Trust's funds are the Clipstone Industrial Unit Trust and Clipstone Logistics REIT plc. The Clipstone Industrial Unit Trust is engaged in South East multi-let industrial estates. It manages various real estate funds and mandates that are suitable for all types of investors, from high net worth individuals to family offices, wealth managers, private equity funds, institutions and endowment funds. Its property portfolio includes 1-10 Fleming Close Industrial Estate, Adler Industrial Estate, Barratt Industrial Park, Cressex Industrial Estate, Bedfont Industrial Park North, Biggin Hill, Bilton Industrial Estate, Brantano Unit and Callenders Industrial Estate, among others.