Brief: Investore Property Says HY Distributable Profit After Current Income Tax NZ$15.3 Million

Investore Property

16/11/2023 01:17

Nov 16 (Reuters) - Investore Property Ltd  IPL.NZ :
    * HY DISTRIBUTABLE PROFIT AFTER CURRENT INCOME TAX AT
NZ$15.3
MILLION
    * HY DISTRIBUTABLE PROFIT PER SHARE AT 4.18 NZ CENTS
    * HY NET RENTAL INCOME NZ$30.4 MILLION VERSUS NZ$30.2
MILLION
    * DECLARED A CASH DIVIDEND FOR Q2 OF FY24 OF 1.975 NZ CENTS
PER
SHARE
    * DETERMINED TO REVISE ITS DIVIDEND POLICY TO PAY OUT
BETWEEN
80%-100% OF DISTRIBUTABLE PROFIT
    * REVISED ITS FULL YEAR CASH DIVIDEND GUIDANCE FOR FY24 TO
7.20 NZ
CENTS PER SHARE


Further company coverage:  IPL.NZ 

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