Dividend Distributions
PEPR distributes substantially all of its distributable cash flow on a quarterly basis, whilst providing for anticipated capital expenditure and retaining discretion to reinvest disposal proceeds.
In December 2008, the Board agreed to suspend dividend
payments, including the Q4 2008 distribution, as a condition for a
debt covenant amendment on PEPR’s €900 million unsecured
Credit Facility and as part of PEPR's strategic initiatives to
enhance liquidity .
The Board will revert to paying a dividend as soon as it is prudent
to do so and when permitted under the Credit Facility.
|
Distribution |
Amount per unit (€) | Ex-dividend date | Record date | Payment date |
|---|---|---|---|---|
| Q3 2008 | 0.183166 | 27 October 2008 | 29 October 2008 | 5 November 2008 |
| Q2 2008 | 0.185843 | 28 July2008 | 30 July 2008 | 5 August 2008 |
| Q1 2008 | 0.196013 | 28 April 2008 | 30 April 2008 | 6 May 2008 |
| Q4 2007 | 0.220315 | 11 February 2008 | 13 February 2008 | 14 February 2008 |
| Q3 2007 | 0.200659 | 29 October 2007 | 31 October 2007 | 06 November 2007 |
| Q2 2007 | 0.232293 | 30 July 2007 | 01 August 2007 | 07 August 2007 |
| Q1 2007 | 0.221766 | 24 April 2007 | 26 April 2007 | 30 April 2007 |
| Q4 2006(1) | 0.202098 | 24 January 2007 | 23 January 2007 | 30 January 2007 |
(1) period from 27 September 2006, the date of the IPO, to 31 December 2006
