Graphisoft Park proposes HUF 126/share dividend
The eponymous listed company that owns and operates the Graphisoft Park business park in the north of Budapest will propose a HUF 126 per-share dividend on last yearʼs earnings at its AGM on April 29, stock market news site tozsdeforum.hu reported Saturday.
Graphisoft Park recently converted into the local form of a real estate investment trust (REIT), and is required to pay 90% of profit to shareholders.
After the release of its fourth-quarter earnings report in February, Graphisoft Park said its board would propose a dividend of EUR 4 million, or around EUR 0.4 per share, on after-tax profit of EUR 4.452 mln. The proposed dividend is almost exactly EUR 0.4 per share, calculating with the National Bank of Hungary’s official daily fixing last Friday.
ADVERTISEMENT
Business Confidence Worsens, Consumer Confidence Improves
Parliament Negates Mandatory Membership in MOK
Haulier Koncsek Trans Invests HUF 150 mln in Garage Upgrade
Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro...
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.
