Cibus Nordic Real Estate AB Proposes Second Instalment, Fifth Instalment, Ninth Instalment and Twelfth Instalment Dividend, Payable May 31, 2024, August 30, 2024, January 8, 2025, and April 4, 2025, Respectively
March 14, 2024 at 03:06 am EDT
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The board of directors of Cibus Nordic Real Estate AB (publ) proposed that the general meeting resolves that a dividend of EUR 0.90 per share shall be paid from the unappropriated earnings of EUR 497,143,524, corresponding to a total dividend payment of EUR 51,521,526. The payment of the dividend is proposed to be made on a monthly basis, with twelve instalments, throughout the year. The second EUR 0.07 per share, the fifth EUR 0.07 per share, the ninth EUR 0,08 per share, and EUR 0,08 per share at the twelfth instalment.
The record dates for the dividend payments are proposed to be 28 May 2024, 27 August 2024, 2 January 2025, and 1 April 2025. The expected date of payment will therefore be 31 May 2024, 30 August 2024, 8 January 2025, and 4 April 2025.
Cibus Nordic Real Estate AB (publ) is a Sweden-based company, which acquires, develops and manages properties within such business segments as grocery and discount store chains. It owns a portfolio consisting of more than 100 properties with lettable area of approximately 437,860 square meters. The portfolio is concentrated primarily in Sweden, Finland, Denmark and Norway. The Companyâs main focus lies on the Helsinki region and the southern part of Finland with tenants mainly being Kesko, Tokmanni and S-Group.
Cibus Nordic Real Estate AB Proposes Second Instalment, Fifth Instalment, Ninth Instalment and Twelfth Instalment Dividend, Payable May 31, 2024, August 30, 2024, January 8, 2025, and April 4, 2025, Respectively