Dividend history and payment

Next Payment Date

The final dividend for 2007/08 is payable on 6 August 2008, subject to shareholders' approval at the Annual General Meeting to be held on 29 July 2008.

Property Income Dividend - payment gross of tax

As a UK REIT (Real Estate Investment Trust) the Group is obliged to make distributions in the form of Property Income Distributions (PID’s) of at least 90% of its net property income (less capital allowances). PID’s will be paid under deduction of 20% witholding tax (20% for 2007/08). However, there are provisions in the regulations for gross payments to be made to those who qualify (Corporate holders as set out in Regulation 7 of Statutory Instrument 2006, number 2867). 

Gross payment will be made to UK based institutions that meet the requirements of Regulation 7, all overseas based shareholders, even if eligible for gross payments under Regulation 7, will be paid net and will have to seek reclaim direct from HM Revenue and Customs.

Examples of UK institutions that may be eligible for gross payment are:

UK Companies;
Charities; 
Local Authorities; 
UK Pension Schemes; and 
Managers of PEPs, ISAs and Child Trust Funds

If you believe you are eligible for gross dividend payment and have not completed a 'Declaration for Gross PID payment'  form please complete the appropriate form below and return it direct to our registrars, Computershare Investor Services PLC. If you have a query relating to PID payment please contact the registrars at the address below.

Intermediary Declaration for Gross PID payment

Beneficial Owner Declaration for Gross PID payment

Computershare Investor Services PLC
PO Box 82
The Pavilions,
Bridgwater Road
Bristol BS99 7NH

Telephone 0870 702 0003