Target Healthcare REIT Ltd Declares Dividend-DJ

Thursday, 1 Aug 2013 04:32am EDT 

Dow Jones reported that Target Healthcare REIT Ltd declared its first interim dividend payment in respect of the period from its launch on March 7 to June 30 of 2 pence per share. Interim ordinary dividend of 1.62 pence per share and Interim Property Income Distribution (PID) of 0.38 pence per share. This dividend is payable on August 30, to the shareholder of record date August 9 and ex-dividend date is August 07. In the absence of unforeseen circumstances, the Company will pay quarterly dividends of 1.5 pence per share in November 2013 (for the quarter to September 30), February 2014 (for the quarter to December 31), May 2014 (for the quarter to March 31) and August 2014 (for the final quarter of the Company's first financial period to June 30). 

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