Argosy affirms plan to lift full-year dividend of 6.2 cents a share

Argosy affirms plan to lift full-year dividend of 6.2 cents a share
Rebecca Howard
By Rebecca Howard July 25 (BusinessDesk) - Argosy Property told its annual general meeting it is on track to deliver a 2018 full-year dividend of 6.2 cents per share, fully paid from distributable income. The Auckland-based company said it would pay a first quarter dividend of 1.55 cents per share with a Sept. 28 payment date.  In the year to March 31 the dividend was 6.1 cents per share, a 1.2 percent increase on the prior year.  Looking ahead, chief executive Peter Mence said "in New Zealand net absorption driven primarily by economi...