Castellana Properties will distribute an interim dividend of 10 million euros (0.086 euros per share) for the year ending in March 2025as approved by the Board of Directors of the SOCIMI specialized in shopping centers.
As announced by the company, the last trading date on which the shares will be traded with the right to receive this distribution will be December 2, 2024 and the payment date of this distribution will be December 5, 2024.
The number of shares with the right to collect considers all shares in circulation, excluding treasury stock, and the shares of the non-monetary capital increase approved by the Shareholders’ Meeting on July 17, so the dividend per share is subject to variation based on the treasury stock existing at market close on December 2, 2024, explains the SOCIMI, which points out that the paying agent will be Renta 4 Banco.
The REIT has made this announcement after presenting a record net profit of 33 million euros in its first fiscal semester (between April and September 2024), which represents an increase of 103.4% compared to the same period of the previous year.
In addition, gross rental income in comparative terms reached 36 million, 2.3% more, while EBITDA exceeded 27 million.
“This semester has been a period of great milestones that, without a doubt, will mark the evolution of Castellana Properties in the coming years,” highlights Alfonso Brunet, CEO of the SOCIMI, who in addition to making the leap to Portugal with the purchase of three centers commercial has also agreed to sell its stake in the Lar España SOCIMI.
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