15.12.2015 18:31:00
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Gecina Sets up Interim Payments for Its Dividends
Regulatory News:
At the Board meeting today, chaired by Mr Bernard Michel, Gecina's (Paris:GFC) Directors decided to set up interim dividend payments from 2016, for the payment of the 2015 dividend.
Once the dividend has been released for payment, an interim payment representing 50% of the total dividend for 2015 will be paid in March 2016, followed by the balance in July 2016.
These new conditions will enable Gecina’s shareholders to benefit from regular payments, aligned more closely with the company’s financial flows.
On February 24, 2016, after close of trading, Gecina will be releasing its full-year earnings for 2015. On this occasion, the Group will announce the total amount of the dividend that will be submitted for approval at the General Meeting on April 21 next year, in addition to indicating the exact schedule for the ex-dividend and payment dates.
Gecina, a leading real estate group
Gecina owns, manages and develops property holdings worth 10.6 billion euros at June 30, 2015, with 90% located in the Paris Region. The Group is building its business around France’s leading office portfolio and a diversification division with residential assets, student residences and healthcare facilities. Gecina has put sustainable innovation at the heart of its strategy to create value, anticipate its customers' expectations and invest while respecting the environment, thanks to the dedication and expertise of its staff.
Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, Euronext 100, FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and Vigeo indices. In line with its commitments to the community, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability.
www.gecina.fr
View source version on businesswire.com: http://www.businesswire.com/news/home/20151215006512/en/
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