NZ's Arvida Group hits near 11-mnth high; declares special dividend

Arvida

29/05/2018 02:03

** Retirement village owner Arvida Group Ltd  ARV.NZ  rises
as much as 3.1 pct to NZ$1.33, its highest since July 3, 2017
    ** Co says FY underlying profit up 43 pct to NZ$33 mln 
($22.92 mln)  urn:newsml:reuters.com:*:nNZSl05a
    ** Arvida says shareholders to receive final ordinary
dividend of 1.30 NZ cents per share; special dividend of 0.26 NZ
cents per share 
    ** Stock among top gainers on the S&P/NZX 50 index  .NZ50 
    ** Up to Monday's close, stock had risen 1.6 pct this year 

($1 = 1.4401 New Zealand dollars)

 ((Aaron.Saldanha@thomsonreuters.com ; +91 80 6749 1130; Reuters
Messaging: Aaron.Saldanha@thomsonreuters.com @reuters.net))