Brief: NSI Expects FY Dividend Of About EUR 1.50/Share

NSI NV

13/10/2023 06:05

Oct 13 (Reuters) - NSI NV  NSTEc.AS :
    * Q3 CONTINUED ROBUST OPERATIONAL PERFORMANCE; LIKE-FOR-LIKE
GRI
GROWTH AT 7.1%
    * END-Q3 VACANCY IS UNCHANGED AT 6.2% VERSUS FY 2022 AND IS
EXPECTED TO REMAIN STABLE THROUGH YEAR END
    * Q3 INTERIM EPRA EPS IS € 1.54 PER SHARE
    * FORECAST PRE-TAX EPRA EPS OF €1.95-2.05 PER SHARE FOR FY
    * NSI NO LONGER HAS THE CAPACITY TO SUSTAIN A LEGACY
DIVIDEND
LEVEL
    * INTENTION TO PAY A DIVIDEND IN LINE WITH RECURRING EPS
BASED ON
A PAY-OUT RATIO OF AT LEAST 75%
    * DIVIDEND: FOR 2023 THIS WOULD AMOUNT TO CIRCA € 1.50 PER
SHARE

Source text: https://tinyurl.com/bym4tn2z
Further company coverage:  NSTEc.AS 

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