Site icon Business Hallmark

UPDC REIT announces 22 kobo interim dividend

UACN, others lift NGX to 0.42% weekly close

L–R: Mr. Kunle Osilaja, Non-executive Director, UACN Property Development Company (UPDC) Plc; Mrs. Bolarin Okunowo, Head Corporate Finance, UPDC Plc; Mr. Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Mr. Fola Aiyesimoju, Chief Executive Officer, UPDC Plc; Mrs. Deborah Nicol-Omeruah, Deputy CEO, UPDC Plc and Mrs. Folakemi Fadahunsi, Chief Finance Officer, UPDC Plc during the Facts Behind the Right Issue presentation at the Exchange in Lagos. FIle

UPDC Real Estate Investment Trust (UPDC REIT) has declared an interim dividend payout of 22 kobo per unit for the period ended June 30, 2025.

The dividend, which is subject to appropriate withholding tax and regulatory approval, will be paid to unit holders whose names appear on the Register of Members as at the close of business on August 29, 2025.

According to the company, the Register of Members will be closed from September 1 to September 3, 2025. Payment of the dividend will commence on September 4, 2025, and will be made electronically to unit holders who have completed the e-dividend registration and mandated the Registrar to credit their bank accounts directly.

Exit mobile version