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Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651
The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/
Wizard wrote:Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651
The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/
Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?
MDW1954 wrote:Wizard wrote:Alaric wrote:This REIT in the FTSE250 has been flagged as a cutter or dividend canceller.
viewtopic.php?f=15&t=22386&start=120#p309651
The recent RNS seems (unusually) to be announcing a continuation of the dividends.
https://www.investegate.co.uk/lxi-reit- ... 00141185N/
Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?
"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.
I hold LXI, and have done for a couple of years now.
MDW1954
Wizard wrote:MDW1954 wrote:Wizard wrote:Yes, at a lower level. Was 1.4375, will be 1.30. Is that not a cut?
"Cut" is often used in the sense of "discontinued" or "cancelled". It's confusing, I know.
I hold LXI, and have done for a couple of years now.
MDW1954
I would have thought that in a thread that says "cut cancelled or suspended dividends" it should be pretty obvious it is not the case on that thread.
The Board of LXi REIT plc (ticker: LXI), th e specialist inflation-protected very long income REIT, is pleased to declare an interim quarterly dividend in respect of the quarter ended 30 June 2021 of 1.5 pence per ordinary share, payable on 29 October 2021 to shareholders on the register at 24 September 2021. The ex-dividend date will be 23 September 2021.
The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business.
The following amendments have been made to the announcement Dividend Declaration released at 7am on 17 September 2021 under RNS number 0694M.
The record date (date shareholders appear on the register at the cut-off point for paying the dividend) is 1 October 2021.
The ex-dividend date is 30 September 2021.
LXI REIT PLC
("LXI REIT" or the "Company")
SHARE PURCHASE BY SIMON LEE, PARTNER AND FUND MANAGER OF THE COMPANY'S INVESTMENT ADVISOR
The Board of LXI REIT (ticker: LXI), the specialist inflation-protected very long income REIT, announces that Simon Lee, Partner and Fund Manager of the Company's Investment Advisor, LXI REIT Advisors Limited, acquired 207,989 ordinary shares in the capital of the Company at 118.9 pence per share for a total cost of £247,299 on 17 October 2022.