Shaftesbury increases its 2015 Final dividend by 4.9%

DividendMax Ltd.

Shaftesbury increases its 2015 Final dividend by 4.9%

Growth in NAV, income, earnings and dividend

EPRA NAV increased by 21.9% to £8.69 (2014: £7.13).

Net asset value return, before dividends: 23.8% (2014: 28.0%).

Net property income1 up £4.7 million (6.3%) to £78.8 million (2014: £74.1 million).

EPRA earnings increased by 10.7% to £36.1 million (2014: £32.6 million). EPRA earnings per share increased by 6.6% to 13.0p (2014: 12.2p).

Final dividend per share of 6.925p (2014: 6.6p), an increase of 4.9%. Total dividend for the year 13.75p, 5.0% above 2014 (13.1p), fully covered by recurring cash earnings.

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