Graphisoft Park shareholders approve EUR 0.43-per-share dividend
Image by graphisoftpark.com
Shareholders of Graphisoft Park, which owns and operates a business park in the north of the capital, approved the board's proposal to pay a EUR 0.43-per-share dividend on last year's earnings at an annual general meeting on Thursday, the AGM resolutions posted on the website of the Budapest Stock Exchange show.
Graphisoft Park will pay the dividend on 10,082,598 shares.
The company's audited profit and loss statement shows 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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