Empiric Student Property plc (LON:ESP), the owner and operator of premium student accommodation serving key UK universities, has declared an interim dividend in respect of the quarter ended 30 June 2023 of 0.8125 pence per ordinary share.
This dividend is payable on 22 September 2023 to shareholders on the register at 8 September 2023. The ex-dividend date will be 7 September 2023. This dividend will be paid as a Property Income Distribution (“PID”) in respect of the Company’s tax-exempt property rental business.
Empiric Student Property has a progressive dividend policy with dividends paid quarterly. The Company is targeting a minimum dividend of 3.25 pence per ordinary share for the 2023 financial year (1).
(1) The target dividend is a target only and not a forecast. There can be no assurance that the target will be met and it should not be taken as an indication of the Company’s expected or actual future results.
