Octodec soars as company doubles payout

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

Investors can expect a distribution of as much as R1.40 a share for the year to end-August, property company says 🔒

Octodec Investments shares rose as much as 20% on Thursday after the property company said distributions per share for 12 months ending August 2022 will more than double from a year earlier.

Distributable income per share is seen rising to between 158c and 185c, an increase of between 17% and 37% from the previous corresponding period, while the full-year distribution will be between 117c and 140c a share. That includes an interim dividend of 50c a share paid in May...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market data — August 24 2022Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »