Spear Reit, which is looking to triple its property portfolio over the next six years, has flagged a 15% rise in annual shareholder payouts.
In a trading statement on Tuesday the company forecasts a distribution of between 67.51c and 69.25c a share for the financial year ending February 28 2022 from 58.70c a year earlier. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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