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IN BRIEF: Sirius Real Estate sees double-digit rise in annual dividend

7th Jun 2022 07:46

Sirius Real Estate Ltd - operator of business parks, offices and industrial complexes in Germany - Expects its total dividend to rise to between 4.389 rand cents and 4.427 cents for the financial year ended March 31, representing an increase of 16% to 17% compared to 3.800 cents in the prior year.

The higher payout is predominantly due to an increase in funds from operations. The company expects to release full-year results next Monday.

Stock price close in London: 113.60 pence

12-month change: up 11%

Stock price close in Johannesburg: ZAR21.67

12-month change: up 13%

By Artwell Dlamini; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Sirius Real Estate
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