The Board of Clipstone Logistics REIT plc has decided to reduce the target dividend rate from 6.25 pence per share per annum to 3 pence per share per annum for this quarter and the next three quarters. The first dividend of 0.75 pence per share at the new lower rate has been declared and will be paid on 28 May 2020 with record date of 26 May 2020 and ex-dividend date of 21 May 2020.