29th May 2015
The Board of Empiric Student Property plc (ticker: ESP) has declared a third interim dividend of 1.0 pence per Ordinary Share in respect of the period from IPO on 30 June 2014 to 31 March 2015 payable on or around 25 June 2015 to Ordinary Shareholders on the register on 5 June 2015. The ex-dividend date will be 4 June 2015. As a result, the Company will have paid a total of 3.0 pence per Ordinary Share for the period since IPO. This dividend will be paid as an ordinary UK dividend ("non-PID").
As set out in the announcement dated 25 February 2015, the Company expects to pay dividends of at least 2 pence per Share for the first six months of 2015 and will target an annual dividend of at least 6 pence per Share for the financial year commencing 1 July 2015. Thereafter, dividends are expected to grow by not less than inflation (1).
(1) The target dividends stated above are targets only and not profit forecasts. There can be no assurance that these targets will be met and they should not be taken as an indication of the Company's expected or actual future results. Potential investors should not place any reliance on these targets.
Questions? Get in touch using the contact details below.
Questions? Get in touch.
Empiric Head Office
Empiric Student Property plc
1st Floor, 72 Borough High Street London, SE1 1XF
+44 (0)20 3828 8700
+44 (0)20 7379 5151
Stuart Klein/Tom Yeadon
Jefferies International Limited
020 7029 8000
Charlie Foster / Marcus Jackson
RBC Europe Limited (trading as RBC Capital Markets)
020 7653 4000