Tower Property Fund Limited announced gross cash dividend of 40.26231 cents per share has been declared from income reserves in respect of the year ended 31 May 2018. Should dividend withholding tax be withheld at a rate of 20%, the net dividend amount due to non-resident shareholders is 32.20985 cents per share. Dividend will be payable on August 27, 2018, record date is August 24, 2018 and shares trade ex-dividend distribution is 22 August 2018.