Elite UK REIT announced on 10 February 2025 that it has achieved 5% year-on-year increase in its full-year distribution per unit (DPU) for FY2024.
Its DPU for the financial period was 2.87 pence and the increase was driven by interest and tax savings, said the REIT.
Elite UK REIT also raised its distribution payout ratio to 95% for the second half of 2024, up from 90%, with a record date set for 18 February 2025 and payment expected around 28 March 2025.
Related: Elite UK REIT lays out future plans amid expanded mandate
Dear members, please login to continue reading this article.
Login or sign-up for a free 25-day trial here. Why subscribe?