LONDON - Primary Health Properties PLC (LON:PHP), a UK-based investor in primary healthcare facilities, has announced its first quarterly interim dividend for 2025. The dividend of 1.775 pence per ordinary share is scheduled for payment on February 21, 2025, to shareholders on the register as of January 10, 2025.
The dividend will be split, with 1.375 pence being paid as a Property Income Distribution (PID) and the remainder as an ordinary dividend. Qualifying shareholders have the option to receive PIDs without the deduction of withholding tax, details of which are available on the company's website.
PHP also reminded shareholders of the dividend reinvestment plan (DRIP) option, which allows shareholders to reinvest their dividends in purchasing additional PHP ordinary shares. The DRIP is managed by Equiniti Financial Services Limited and administered by PHP's registrars, Equiniti Limited.
To participate in the DRIP, shareholders with certificated shares must submit a completed application form to Equiniti by 5:00 pm on January 31, 2025. Shareholders with shares in CREST must submit their election via CREST message by the same deadline.
The ex-dividend date for this interim dividend is set for January 9, 2025. Following the dividend payment on February 21, the estimated purchase date for shares under the DRIP is the same day. DRIP shares are expected to be credited or certificates posted by February 26, 2025.
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