SERE investors paid 75% of expected half-year dividend as Covid-19 bites

Metromar Schroder

Investors in Schroder European Real Estate (SERE) Investment Trust are set to benefit from an increase in their half-year dividend payment, but the payment will be 25% down on pre-Covid-19 expectations.

The interim dividend will rise to 1.39 euro cents (1.28p) per share, equating to 75% of the previous target level before the pandemic struck.

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