17 November 2016

DRIP REIT - Dividend Declaration

Drum Income Plus REIT plc
("Drum" or the "Company")

Dividend Declaration

The Company announces an interim dividend of 1.3125p per share in respect of the quarter ended 30 September 2016, all of which will be designated as an interim property income distribution.  This dividend will be paid on 2 December 2016 to shareholders on the 25 November 2016.  The ex-dividend date will be 24 November 2016. 

The Board  is targeting fully covered aggregate quarterly dividends of at least 5.5p per share in respect of the year ending 30 September 2017 and at least 6.0p per share in respect of the year ending 30 September 2018*. 

*Target returns only and not a profit forecast. There can be no assurance that these targets will be met and they should not be taken as an indication of expected or actual current or future results. 


Drum Real Estate Investment Management (Investment Manager)
Bryan Sherriff: 0131 285 0050

Cantor Fitzgerald Europe (Financial Adviser and Corporate Broker)
Sue Inglis (Corporate Finance): 020 7894 8016
Richard Sloss (Sales): 0131 240 3863

Dickson Minto W.S. (Sponsor)
Douglas Armstrong: 020 7649 6823

Drum Income Plus REIT plc
Martin Cassels (Company Secretary): 0131 550 3760

Weber Shandwick (Financial PR)
Richard Bright: 0131 556 6649
Nick Oborne :020 7067 0721

More news