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LONDON - Social Housing REIT plc (LON: SOHO), a UK-based investment company focusing on social housing assets, has announced an interim dividend of 1.365 pence per ordinary share for the period from October 1, 2024, to December 31, 2024. This dividend is set to be paid on or around April 11, 2025, to shareholders on the register as of March 28, 2025. The ex-dividend date is slated for March 27, 2025.
The declared dividend will be distributed as a Property Income Distribution (PID) and follows the company’s financial strategy, bringing the total dividend for the fiscal year ended December 31, 2024, to an aggregate of 5.46 pence per ordinary share. This distribution aligns with the company’s target dividends for the year.
Social Housing REIT specializes in investment properties that cater to specialized supported housing (SSH) in the United Kingdom (TADAWUL:4280). SSH provides living accommodations for vulnerable adults, such as those with learning difficulties, mental health issues, and physical disabilities, offering them the necessary support to live independently. These properties are managed by Approved Providers, which include Housing Associations, Local Authorities, and other regulated organizations that receive funding directly from local government.
The company’s investment strategy is aimed at delivering sustainable, long-term income for its shareholders while also contributing to societal benefits, such as better living conditions for residents and cost savings for taxpayers.
Social Housing REIT’s shares are traded on the London Stock Exchange (LON:LSEG)’s Main Market under the Closed-ended investment funds category. Atrato Partners Limited serves as the Investment Manager for the company.
This dividend declaration is part of the company’s commitment to providing value to its shareholders and reflects its stable position within the social housing investment sector. The information regarding this dividend is based on a press release statement from Social Housing REIT plc.
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