Dividend history

Workspace has a progressive dividend policy, which takes into account the expected growth in earnings per share and the distribution requirements that we have as a Real Estate Investment Trust (REIT).  




Date Paid


Per share

7 Aug 2020Final Dividend - 100% PID24.49p
5 Feb 2020Interim Dividend – 100% PID11.67p
2 Aug 2019Final Dividend – 100% PID22.26p
6 Feb 2019Interim Dividend – 100% PID10.61p
3 Aug 2018Final Dividend – 100% PID18.55p
6 Feb 2018Interim Dividend – 100% PID8.84p
7 Aug 2017Final Dividend – 100% PID14.27p
7 Feb 2017Interim Dividend – 100% PID6.80p
5 Aug 2016Final Dividend – 100% PID10.19p
2 Feb 2016Interim Dividend – 100% PID4.86p
7 Aug 2015Final Dividend – 100% PID8.15p
3 Feb 2015Interim Dividend – 100% PID3.89p
1 Aug 2014  Final Dividend – 0% PID7.09p
4 Feb 2014  Interim Dividend – 100% PID3.54p
2 Aug 2013Final Dividend – 0% PID6.45p
5 Feb 2013Interim Dividend – 100% PID3.22p
3 Aug 2012Final Dividend – 50% PID5.86p  
7 Feb 2012Interim Dividend – 100% PID2.93p
5 Aug 2011Final Dividend – 100% PID0.55p
9 Feb 2011Interim Dividend – 100% PID0.275p
6 Aug 2010Final Dividend – 0% PID0.50p †
11 Feb 2010Interim Dividend – 100% PID0.25p
6 Aug 2009Final Dividend – 100% PID0.50p
6 Feb 2009Interim Dividend – 100% PID1.52p *
6 Aug 2008  Final Dividend – 100% PID3.04p *
4 Feb 2008Interim Dividend – 100% PID1.52p *
3 Aug 2007Final Dividend2.76p *
1 Feb 2007Interim Dividend  1.38p *

*Pre Rights Issue in March 2009.

†Scrip dividend alternative offered.

Property Income Dividend – payment gross of tax

As a UK REIT, the Group is obliged to make distributions in the form of Property Income Distributions (PIDs) of at least 90% of its net property income (less capital allowances). PIDs will be paid under deduction of withholding tax. However, there are provisions in the regulations for gross payments to be made to those who qualify (Corporate holders as set out in Regulation 7 of Statutory Instrument 2006, number 2867).

Gross payment will be made to UK based institutions that meet the requirements of Regulation 7, all overseas based shareholders, even if eligible for gross payments under Regulation 7, will be paid net and will have to seek reclaim direct from HM Revenue and Customs.

Examples of UK institutions that may be eligible for gross payment are:

UK Companies;
Charities;
Local Authorities;
UK Pension Schemes; and
Managers of PEPs, ISAs and Child Trust Funds.

If you believe you are eligible for gross dividend payment and have not completed a ‘Declaration for Gross PID payment’ form please complete the appropriate form below and return it direct to our registrars, Computershare Investor Services PLC. If you have a query relating to PID payment please contact the registrars at the address below.

Intermediary Declaration for Gross PID payment download
Beneficial Owner Declaration for Gross PID payment download

Computershare Investor Services PLC

PO Box 82
The Pavilions,
Bridgwater Road
Bristol BS99 7NH
Telephone 0870 702 0003

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