Pre-tax dividend of 3% per annum (paid twice annually) and subject to free cash flow. This excludes any capital gains that are achieved. A dividend reinvestment scheme operates and be supported by the issue of new shares, ie. the dividend can be taken as shares.

Capital growth in the value of the properties will be recognised in the financial statements. This will only be realised by investors when they sell their shares.

Opportunities to make improvements to properties will be considered to increase the property value and annual lease amount. This may reduce the dividend in the short-term as free cash flow is reinvested in the portfolio

Including dividends, capital gains of buildings and share price growth, Simply Industrial is estimated an annual return of 9-11% p.a. over a 5 year period (dividends taxable, capital growth non-taxable).