Beamr video compression achieves up to 50% improvement for AVs
LONDON - abrdn European Logistics Income plc (LSE:ASLI) has declared a first interim distribution for the year ending December 31, 2025. The company, which holds a diversified portfolio of European logistics properties, announced on Monday a distribution of 1.06 euro cents per share, equivalent to 0.89 pence, an increase from the previous quarter’s 0.97 euro cents.
Shareholders on the register by May 30, 2025, will receive the payment in sterling on June 30, 2025, with the ex-dividend date set for May 29, 2025. The interim distribution comprises a dividend income of 0.71 pence per share and a "qualifying interest income" of 0.18 pence per share, which may be treated as an interest distribution for UK tax purposes under the interest streaming regime applicable to investment trusts.
The company highlighted that as it proceeds with its managed wind-down process and continues the portfolio asset disposal program, the income generated will decrease. Consequently, the ability to sustain the current level and frequency of distributions is expected to diminish. However, distributions are deemed necessary to maintain the company’s investment trust status throughout the wind-down process.
This strategic move comes as the company adjusts its operations in response to the managed wind-down, aiming to ensure compliance with investment trust regulations and manage shareholder returns effectively.
The information in this article is based on a press release statement from abrdn European Logistics Income plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.