Civitas Social Housing PLC Dividend Declaration (7127N)
May 10 2018 - 10:09AM
UK Regulatory
TIDMCSH
RNS Number : 7127N
Civitas Social Housing PLC
10 May 2018
10 May 2018
CIVITAS SOCIAL HOUSING PLC
("Civitas" or the "Company")
Dividend Declaration
The Board of Civitas Social Housing PLC ("Board"), the first
London listed real estate investment trust ("REIT") dedicated to
investing into regulated social housing in England and Wales, is
pleased to announce the latest dividend on the Company's ordinary
shares (the "Ordinary Shares") and the first dividend on the
Company's C shares (the "C Shares").
Dividend Declaration
The Board has today declared a quarterly dividend in respect of
the Ordinary Shares for the three months to 31 March 2018 of 1.25
pence per Ordinary Share. The Directors are targeting to pay
dividends of 5.0 pence per Ordinary Share in respect of the
calendar year to 31 December 2018. The dividend will be paid on or
around 8 June 2018 to holders of Ordinary Shares on the register as
at 18 May 2018 (the "Ordinary Share Record Date"). The
corresponding ex-dividend date will be 17 May 2018.
The dividend will be paid as a REIT property income distribution
("PID"). For shareholders who qualify for gross payment of
distributions, forms to register for gross PIDS are available on
the Company's website or from the Company's registrar, Link Asset
Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3
4TU. Eligibility declarations must be returned to the Company's
registrar by the Ordinary Share Record Date.
C Share Dividend Declaration
The Board has today declared a first dividend in respect of the
C Shares for the period since issue on 14 November 2017 to 31 March
2018 of 1.13 pence per C Share. The holders of C Shares are
entitled to cumulative preferential dividend of 3.0 per cent per
annum pro-rated up until the conversion of the C Shares into
Ordinary Shares. The dividend will be paid on or around 8 June 2018
to holders of C Shares on the register as at 18 May 2018 (the "C
Share Record Date"). The corresponding ex-dividend date will be 17
May 2018. The dividend will be paid as an ordinary UK dividend.
In addition to these declarations, Civitas confirms that on
30(th) May the Company will announce its IFRS and Portfolio Net
Asset Value for the quarter ended 31(st) March 2018. Going forward
the Company will announce both its IFRS and Portfolio Net Asset
Value quarterly.
For further information, please contact:
Civitas Housing Advisors Limited
Paul Bridge Tel: +44 (0)20 3058 4844
Andrew Dawber Tel: +44 (0)20 3058 4846
Cenkos Securities PLC
Sapna Shah Tel: +44 (0)20 7397 1922
Tom Scrivens Tel: +44 (0)20 7397 1915
Pagefield
Philip Dennis Tel: +44 (0)7947 868206
David Leslie Tel: +44 (0)7584 070274
Notes:
Civitas Social Housing PLC is the first Real Estate Investment
Trust offering pure play exposure to social housing in England and
Wales. The Company is managed by Civitas Housing Advisors Limited.
The Company is listed on the premium listing segment of the
Official List of the Financial Conduct Authority and was admitted
to trading on the main market for listed securities of the London
Stock Exchange in November 2016.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVAMMITMBMBBFP
(END) Dow Jones Newswires
May 10, 2018 10:09 ET (14:09 GMT)
Civitas Social Housing (LSE:CSH)
Historical Stock Chart
From Jun 2024 to Jul 2024
Civitas Social Housing (LSE:CSH)
Historical Stock Chart
From Jul 2023 to Jul 2024