Schroder European Real Estate Investment Trust PLC Announces Dividend Currency Exchange Rate

Strategic Insights -

The Johannesburg Stock Exchange (JSE) has announced the dividend currency exchange rate for Schroder European Real Estate Investment Trust PLC (SERE), a UK-based real estate investment trust. The exchange rate will be applicable for the second interim dividend for the year ending 30 September 2025, which was declared on 26 June 2025. The dividend will be paid in South African cents to shareholders on the South African register, with dividend tax withheld at the rate of 20 percent unless the shareholder qualifies for exemption.

Key Takeaways:

  • The exchange rate for the second interim dividend payable in South African cents to shareholders on the South African register is 20.80000.
  • The dividend in South African cents per share is 30.78400.
  • Dividend tax will be withheld from the gross dividend of 30.78400 South African cents per share paid to shareholders on the South African register at the rate of 20 percent.
  • After dividend tax has been withheld, the net dividend will be 24.62720 South African cents per share.
  • The dividend tax information in this announcement only applies to shareholders on the South African register.
  • Shareholders on the South African branch register should direct any questions regarding the application of the dividend tax to the Company's Transfer Secretary: Computershare Investor Services (Pty) Limited.
  • The Company has a primary listing on the London Stock Exchange and a secondary listing on the JSE Limited.

Statistics:

  • Exchange rate: 20.80000
  • Declared dividend: 1.48 euro cents per share
  • Dividend tax rate: 20 percent
  • Net dividend: 24.62720 South African cents per share
  • Date of dividend announcement: 26 June 2025
  • Date of dividend payment: Not specified

Sources:

Johannesburg Stock Exchange (JSE) press release dated 26 June 2025

JSE Share Code: SCD

LSE Ticker: SERE

ISIN number: GB00BY7R8K77