British Land Co Plc. (BRLAF.PK, BTLCY.PK, BLND.L) reported that profit on ordinary activities before taxation for the year ended 31 March 2013 decreased to 260 million pounds from the prior year's 479 million pounds.
But, annual underlying pre-tax profit rose to 274 million pounds from 269 million pounds last year.
However, profit for the year after taxation attributable to shareholders of the Company declined to 284 million pounds from last year's 480 million pounds, with earnings per share decreasing to 31.5 pence from the previous year's 53.8 pence.
Net rental and related income for the year declined to 281 million pounds from the prior year's 286 million pounds last year. Fees and other income for the year was 15 million pounds, down from 16 million pounds in the prior year.
The fourth quarter dividend of 6.6 pence per share, totalling 65 million pounds, is payable on 9 August 2013 to shareholders on the register at close of business on 5 July 2013. The company said its Board will announce the availability of the Scrip Dividend Alternative via the Regulatory News Service and on its website, no later than 4 business days before the ex-dividend date of 3 July 2013. The Board expects to announce the split between PID and non-PID income at that time.
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