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LONDON - Tritax Big Box REIT plc (LSE:BBOX), a major player in the UK logistics real estate sector, has declared an interim dividend for the final quarter of 2024. The dividend, announced on February 28, 2025, is set at 2.185 pence per ordinary share and is scheduled for payment around March 28, 2025, to shareholders registered by March 14, 2025. The ex-dividend date is March 13, 2025.
This latest dividend is classified as a Property Income Distribution (PID) and represents an increase of 4.9% compared to the total dividends paid in the previous year. The cumulative dividend for the year ended December 31, 2024, will amount to 7.66 pence per ordinary share.
Tritax Big Box REIT plc is recognized for owning and managing a substantial portfolio dedicated to supply chain infrastructure, which is vital to the UK economy. The company’s assets are strategically located to ensure accessibility and are often secured by long-term leases with provisions for upward-only rent reviews. With a focus on sustainability, Tritax Big Box REIT plc has positioned itself as a leader in delivering environmentally responsible real estate solutions.
This dividend declaration reflects the company’s commitment to providing value to its shareholders and its confidence in the continued demand for modern logistics real estate in the UK. The information is based on a press release statement.
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