Brief: Italy's IGD Aims To Distribute Dividends Of Between EUR 0.25-0.30/Shr In 2022

Immobiliare Grande Distribuzione SIIQ SpA

14/12/2021 13:34

Dec 14 (Reuters) - Immobiliare Grande Distribuzione SIIQ SpA
 IGD.MI :
    * ISSUES 2022-2024 BUSINESS PLAN
    * PLAN INCLUDES INVESTMENTS PROGRAMME OF EUR 82 MILLION TO
MAKE
ASSETS MORE ATTRACTIVE, PRESERVE THEIR VALUE OVER TIME
    * UNDER PLAN, OVERALL GROWTH OF APPROX.  17/20%, OF NET
RENTAL
INCOME IS EXPECTED BY 2024
    * TARGET DIVIDEND DISTRIBUTED PER SHARE IN 2022 OF €
0.25-0.30 AND
TARGET OF € 0.50 IN 2024
    * EXPECTS TO MAINTAIN SOLID FINANCIAL DISCIPLINE AND BRING
PLAN-END TARGET FOR LOAN-TO-VALUE TO 40-43%
    * SEES 2021 RENT COLLECTION ABOVE 90%
    * TARGETS TO REACH ZERO EMISSIONS BY 2030

Further company coverage:  IGD.MI 

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