St. Modwen Properties increases its 2017 interim dividend by 4.1%

EPRA NAV per share up 1.7% to 468.4 pence (Nov 2016: 460.5 pence) and NAV per share up 2.0% to 439.6 pence from 431.0 pence.

·     Total accounting return for the six months of 2.6% (2016: 1.8%).

·     Profit before all tax of £29.3m (2016: £30.0m), reflecting a more stable valuation environment.

·     Earnings per share of 12.1 pence (2016: 11.8 pence).

·     Interim dividend increased by 4.1% to 2.02 pence per share (2016: 1.94 pence per share).