Brief: Property For Industry Announces Q1 Dividend Of 1.8000 Cents Per Share

Property for Industry

08/05/2020 24:54

May 8 (Reuters) - Property for Industry Ltd  PFI.NZ :
    * ANNOUNCED A Q1 DIVIDEND OF 1.8000 CENTS PER SHARE
    * DIVIDEND WILL HAVE IMPUTATION CREDITS OF 0.4925 CENTS PER
SHARE
    * ABOUT 6% OF CO'S TENANTS CONTRACTUALLY ENTITLED TO SOME
FORM OF
IMMEDIATE RENTAL RELIEF
    * DISCUSSIONS WITH TENANTS COMMERCIALLY SENSITIVE & EXPECTED
TO
CONTINUE THROUGHOUT 2020
    * DEPRECIATION DEDUCTION FOR COMMERCIAL, INDUSTRIAL
BUILDINGS WILL
RESULT IN INCREASE IN FFO & AFFO OF ABOUT NZ$1.85 MILLION IN
FY20

Source text for Eikon:  ID:nNZW2dgnCf 
Further company coverage:  PFI.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))