Graphisoft Park AGM Approves EUR 0.54/share Dividend
Image by graphisoftpark.com
Shareholders of Graphisoft Park, which owns and operates a business park in the north of Budapest, approved payment of a EUR 0.54-per-share dividend on last year's earnings at an annual general meeting on Friday, the AGM resolutions show.
The dividend will be paid in forints: HUF 201 per share at an exchange rate of HUF 372.3 to the euro.
As the local form of a real estate investment trust (REIT), the company pays 90% of its pro forma earnings as dividends.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.