The Safestore Board has announced an interim dividend of 5.9 pence per share, representing a 7.3% increase from the interim dividend paid last year of 5.5 pence. This will amount to a dividend payment of £12.4m (H1 2019: £11.6m). The dividend will be paid on 14 August 2020 to shareholders who are on the Company's register at the close of business on 10 July 2020. The ex-dividend date will be 9 July 2020. 100% (H1 2019: 100%) of the dividend will be paid as a property income dividend ("PID").
Other financial highlights include:
Group revenue up 8.5% (9.0% at CER)
Group like-for-like revenue at CER up 5.9% with UK up 5.8% and Paris up 5.9%
Adjusted Diluted EPRA EPS7 up 7.4% at 14.5p
Statutory Profit before tax up to £99.7m from £38.2m in 2019 driven by increased gain on investment properties of £64.0m (2019: gain of £7.9m)
