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LONDON - abrdn European Logistics Income plc (LSE:ASLI) announced Monday a second interim distribution of 1.00 euro cent (equivalent to 0.86 pence) per ordinary share for the year ending December 31, 2025.
The distribution, payable in sterling on September 29, 2025, represents a decrease from the first quarter distribution of 1.06 euro cents. Shareholders on the register as of August 29 will be eligible, with an ex-dividend date of August 28.
Of the total distribution, 0.35 pence (0.41 euro cents) is declared as dividend income, while 0.51 pence (0.59 euro cents) is treated as qualifying interest income.
The company noted that income is expected to "reduce significantly" from the third quarter of 2025 onward as its asset disposal program continues under the shareholder-approved managed wind-down. The board anticipates that future income available for distribution will be "considerably lower."
Any further distributions in the current financial year will be made primarily to maintain the company’s investment trust status, according to the press release statement.
The distributions may be classified either as dividend income or "qualifying interest income," which may be designated as an interest distribution for UK tax purposes.
The company indicated that details regarding the next B Share scheme capital distribution are expected to be announced shortly.
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