WorldStage– UPDC Real Estate Investment Trust (UPDC REIT), a closed-ended property fund listed on the Nigerian Exchange (NGX) under the ticker UPDCREIT,.has announced an interim distribution of ₦0.40 per unit for the half-year period ended June 30, 2026.
According to a corporate actions disclosure filed with the Nigerian Exchange Limited (NGX) and signed by Managing Director Patrick Ilodianya on August 7, 2026, the proposed payout will be subject to applicable withholding tax and required regulatory approvals.
The qualification date is Friday, August 28, 2026 with only unitholders registered in the company’s register of members by the close of business on this date will qualify for the interim payout.
The register of unitholders will also be closed from Monday, August 31, 2026, to Thursday, September 3, 2026 while payment date is set on Friday, September 4, 2026.
The notice said distribution payments will be made electronically directly into the bank accounts of qualified unitholders who have completed their e-distribution registration and mandated the registrar.
The REIT’s registrar, First Registrars & Investors Services, advised unitholders who are yet to complete the e-distribution registration to download and submit the mandate form from its website. Investors with unclaimed distribution warrants or unvalidated certificates were also urged to complete the mandate activation process or contact the registrar directly.
