UPDC REIT Maintains Investor Confidence with ₦0.22 Interim Dividend Ahead of Strategic Portfolio Moves

Stanbic IBTC Asset Management Limited, the fund manager of UPDC Real Estate Investment Trust (UPDC REIT), has announced an interim dividend of ₦0.22 per unit for the period ended 30 June 2025. The dividend, subject to appropriate withholding tax and approval, will be paid to unitholders whose names appear in the Register of Members as at the close of business on 29 August 2025.

There is no proposed bonus for the period. The Register of Shareholders will be closed from 01 to 03 September 2025. The qualification date for the dividend is 29 August 2025, and payment will be made electronically on 4 September 2025 to unitholders who have completed the e-dividend registration and mandated the Registrar to credit their bank accounts directly.

Unitholders who have not completed the e-dividend registration are advised to download the E-Dividend Mandate Activation Form from the website of First Registrars, complete it, and submit it to the Registrar or their respective banks. Those with unclaimed dividend warrants and share certificates are also encouraged to complete the e-dividend registration or contact the Registrar for validation.

There will be no Annual General Meeting for this interim distribution. The Registrar for UPDC REIT remains First Registrars, and investor relations inquiries can be directed to Tolu Medaiyedu or Stella Anumudu via the contact details provided in the official announcement.