The British Land Co plc Board are proposing a final dividend for the year ended 31 March 2024 of 10.64p per share. Payment will be made on Friday 26 July 2024 to shareholders on the register at close of business on Friday 21 June 2024. The dividend will be a Property Income Distribution. A Dividend Reinvestment Plan (DRIP) is provided by Equiniti Financial Services Limited which enables the Company's shareholders to elect to have their cash dividend payments used to purchase the Company's shares.
Other financial highlights include:
• Underlying Profit of £268m up 2%
• EPRA cost ratio 16.4% vs 19.5% in FY23
• Underlying earnings per share of 28.5p up 1%