Finance

Tritax says REIT is in “robust position” to mitigate impact of Covid-19

By 2020-04-08T08:06:00

Tritax Signia Park

Tritax Big Box REIT has withdrawn guidance on future divided payment after declaring “a conservative” quarterly payout to shareholders, but insists it is well placed to ride out the Covid-19 storm.

The group declared a dividend for the three months to 31 March of 1.56p per share, saying it believes this is a level that allows “the company to continue to deliver on its business plans whilst noting that the duration and effects of COVID-19 may be extended”.

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