UPDC Real Estate Investment Trust (NGX: UPDCREIT) has announced an interim dividend of ₦0.22 for the half-year period ended 30 June 2025. The interim dividend is subject to appropriate withholding tax and approval.
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For the half-year period, UPDCREIT earned ₦1.09 billion net revenue, posting earnings of ₦0.41 per unit to unit holders of the Trust.
Qualification date for the interim dividend has been set as 29 August 2025. On 4th September 2025, dividends will be paid electronically to unit holders whose names appear on the Register of Members as at 29 August 2025 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, which is also available on the website of the Registrars: www.firstregistrarsnigeria.com, complete and submit to the Registrar or their respective Banks.
Unitholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur