GPE pays two dividends a year and aims to deliver consistent dividend growth as demonstrated by the chart below.

Dividend per share

The Company also declares two types of dividends - Property Income Distribution (PID) and non-PID dividends. Download the tax consequences for shareholders of receiving PID and non-PID dividends.

2023/24 Dividends

The Company has declared a final dividend of 7.9p for the 2023/24 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 24/11/2023 04/01/2024 0.0p 4.7p 4.7p
Final Dividend 31/05/2023 08/07/2024 4.0p 3.9p 7.9p
Total     4.0p 8.6p 12.6p

2022/23 Dividends

The Company has declared a final dividend of 7.9p for the 2022/23 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 25/11/2022 04/01/2023 2.3p 2.4p 4.7p
Final Dividend 02/06/2023 10/07/2023 7.9p   7.9p
Total     10.2p 2.4p 12.6p

2021/22 Dividends

The Company has declared a final dividend of 7.9p for the 2021/22 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 19/11/2021 05/01/2022 2.4p 2.3p 4.7p
Final Dividend 27/05/2022 11/07/2022 7.9p 0.0p 7.9p
Total     10.3p 2.3p 12.6p

2020/21 Dividends

The Company has declared a final dividend of 7.9p for the 2020/21 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 20/11/2020 05/01/2021 4.7p 0.0p 4.7p
Final Dividend 28/05/2021 12/07/2021 7.9p 0.0p 7.9p
Total     12.6p 0.0p 12.6p

2019/20 Dividends

The Company has declared a final dividend of 7.9p for the 2019/20 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 22/11/2019 02/01/2020 4.7p 0.0p 4.7p
Final Dividend 29/05/2020 28/07/2020 7.9p 0.0p 7.9p
Total     12.6p 0.0p 12.6p

2018/19 Dividends

The Company has declared a final dividend of 7.9p for the 2018/19 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 23/11/2018 02/01/2019 4.3p 0.0p 4.3p
Final Dividend 31/05/2019 08/07/2019 7.9p 0.0p 7.9p
Total     12.2p 0.0p 12.2p

2017/18 Dividends

The Company has declared a final dividend of 7.3p for the 2017/18 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 24/11/2017 02/01/2018 4.0p 0.0p 4.0p
Final Dividend 01/06/2018 09/07/2018 7.3p 0.0p 7.3p
Total     11.3p 0.0p 11.3p

 

2016/17 Dividends

The Company has declared a total dividend of 10.1p for the 2016/17 fiscal year.

  Record Date Payment date PID element* Non-PID element** Total
Interim Dividend 24/11/2016 03/01/2017 3.7p 0.0p 3.7p
Final Dividend 02/06/2017 10/07/2017 6.4p 0.0p 6.4p
Total     10.1p 0.0p 10.1p

 

2015/16 Dividends

The Company has declared a total dividend of 9.2p for the 2015/16 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 20/11/2015 04/01/2016 3.6p 0.0p 3.6p
Final Dividend 03/06/2016 11/07/2016 5.6p 0.0p 5.6p
Total     9.2p 0.0p 9.2p

 

2014/15 Dividends

The Company has declared a total dividend of 9.0p for the 2014/15 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 22/11/2014 02/01/2015 2.5p 1.0p 3.5p
Final Dividend 29/05/2015 13/07/2015 5.5p 0.0p 5.5p
Total     8.0p 1.0p 9.0p

2013/14 Dividends

The Company has declared a total dividend of 8.8p for the 2013/14 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 20/11/2013 02/01/2014 1.2p 2.2p 3.4p
Final Dividend 30/05/2014 08/07/2014 1.2p 4.2p 5.4p
Total     2.4p 6.4p 8.8p

2012/13 Dividends

The Company has declared a total dividend of 8.6p for the 2012/13 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 23/11/2012 02/01/2013 1.0p 2.3p 3.3p
Final Dividend 31/05/2013 09/07/2013 1.2p 4.1p 5.3p
Total     2.2p 6.4p 8.6p

2011/12 Dividends

The Company has declared a total dividend of 8.4p for the 2011/12 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 18/11/2011 04/01/2012 1.8p 4.4p 3.2p
Final Dividend 01/06/2012 10/07/2012 1.7p 3.5p 5.2p
Total     3.5p 4.9p 8.4p

2010/11 Dividends

The Company has declared a total dividend of 8.2p for the 2010/11 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 19/11/2010 05/01/2011 0.0p 3.1p 3.1p
Final Dividend 03/06/2011 12/07/2011 2.8p 2.3p 5.1p
Total     2.8p 5.4p 8.2p

2009/10 Dividends

The Company has declared a total dividend of 8.0p for the 2009/10 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 20/11/2009 05/01/2010 1.8p 1.2p 3.0p
Final Dividend 12/03/2010 01/04/2010 2.0p 3.0p 5.0p
Total     3.8p 4.2p 8.0p

2008/09 Dividends

The Company has declared a total dividend of 12.0p for the 2008/09 fiscal year.

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 21/11/2008 06/01/2009 2.0p 2.0p 4.0p
Final Dividend 29/05/2009 14/07/2009 6.0p 2.0p 8.0p
Total     8.0p 4.0p 12.0p

2007/08 Dividends

The two dividends for the Company's first full fiscal year as a REIT totalled 11.9p

  Record date Payment date PID element* Non-PID element** Total
Interim Dividend 23/11/2007 03/01/2008 0.8p 3.1p 3.9p
Final Dividend 13/06/2008 08/07/2008 4.0p 4.0p 8.0p
Total     4.8p 7.1p 11.9p

Dividend history from 2003 - 2007

  2003/04 2004/05 2005/06 2006/07
Interim 3.5p 3.58p 3.67 3.75
Record date 28/11/03 03/12/04 02/12/05 24/11/06
Payment date 06/01/04 06/01/05 04/01/06 03/11/06
Final 7.0p 7.17p 7.33p 7.55p
Final Record date 04/06/04 03/06/05 02/06/06 01/06/07
Payment date 13/07/04 12/07/05 11/07/06 11/07/07
Totals 10.5 10.75 11.0p 11.3p

 

*Amount Gross. The PID element of the dividend however, will be paid net of a 20% withholding tax (unless a shareholder is eligible for payment of a dividend gross and completes either a Beneficial Owner Declaration of Eligibility for Gross PID Payments or an Intermediary Declaration of Eligibility for Gross PID Payments form and sends the form to our registrars, Equiniti Limited). Please note that prior to 6 April 2008 the withholding tax level was 22%.

**This element of the dividend will be treated in exactly the same way as GPE dividends prior to becoming a REIT and in the same way as dividends received from non-REIT companies.

Past performance cannot be relied upon as a guide to future performance

If you have any queries on your dividend payments please call our registrars, Equiniti Limited on 0371 384 2030, Lines are open 8.30am-5.30pm Monday to Friday (excluding English and Welsh public holidays).

From outside the UK please call +44 (0) 371 384 2030

To arrange for your dividends to be paid directly into your bank or building society account, you can download and complete the relevant form from here

Alternatively register your details directly onto the register via this portal.

You have to register in order to use this service, so you will need your shareholder reference which can be found on a recent tax voucher or on your share certificate.

If you hold 2,500 shares or less you can call the Registrar to update your details over the phone, or you can arrange for a mandate form to be posted to you. Completed mandate forms should be sent to the Registrar at this address.

Equiniti Limited

Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA

Telephone: +44 (0)371 384 2030

Lines are open Monday – Friday, 8.30am – 5.30pm

If you wish to receive the next dividend directly into your bank or building society account, you will need to ensure the mandate form is received by the Registrar before the record date.

Tax consequences for shareholders