The Derwent board is recommending another 0.5p per share increase in the final dividend to 55.5p. It will be paid in May 2025 with 45.5p as a PID and the balance of 10.0p as a conventional dividend. The Company's ISIN reference is GB0002652740.
This will take the total dividend for the year to 80.5p, a 1.3% increase over 2023. Dividends paid and declared in relation to 2024 earnings were 1.3 times covered by EPRA earnings.
