Graphisoft Park board proposes EUR 0.43-per-share dividend

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Image by graphisoftpark.com

The board of Graphisoft Park, which owns and operates a business park in the north of the capital, will propose payment of a EUR 0.43-per-share dividend on last year's earnings at an annual general meeting scheduled for April 21, the AGM proposals, posted on the website of the Budapest Stock Exchange, show.

Graphisoft Park's audited profit and loss statement show an after-tax profit of EUR 11,042,000 last year, but its pro forma after-tax profit, calculated according to the cost model and excluding one-off items, came to EUR 4,839,000.

As the local form of a real estate investment trust (REIT), the company pays 90% of its pro forma earnings as dividends.

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