Empiric Student Property plc (LON:ESP), the owner and operator of premium, studio-led student accommodation aligned to top-tier universities, has declared an interim dividend in respect of the quarter ended 31 December 2023 of 0.9375 pence per ordinary share.
Details of the dividend will be as follows:
| · The dividend will be paid on | 19 April 2024 |
| · Payable to shareholders on the register as at | 5 April 2024 |
| · The ex-dividend date will be | 4 April 2024 |
This dividend will be paid as a Property Income Distribution in respect of the Company’s tax-exempt property rental business.
This dividend will take the total dividend paid to shareholders in respect of 2023 to 3.5p, as targeted. A dividend payment of 3.5 pence per share reflects an 88% pay-out on EPRA earnings and cover of 114%, a 27% increase on the prior year.
Empiric Student Property is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities.
