Argosy reaffirms unchanged dividend

Staff reporters
Tue, 28 Jul 2020

Argosy Property expects to mirror last year's 6.35 cent dividend for the 2021 financial year, on the strength of its resilience through covid and despite the challenges of the "economically weak" period, it said today.The firm also confirmed it will pay a first-quarter dividend of 1.5875 cents a share, to be paid at the end of September to shareholders registered on Sept. 16. Speaking at today's annual meeting, chief executive Peter Mence said the portfolio had returned to 99 percent tenancy, on an average lease term of m...
MARKET CLOSE: Reserve Bank measures limit virus-driven stock slide
Dan Brunskill | Wed, 12 Aug 2020

Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown. The S&P/NZX 50 Index declined 153...

PETER GRIFFIN: Tracing tech still running to catch up
Peter Griffin | Wed, 12 Aug 2020

We should have gone back into our state of covid-19 lockdown with an effective digital contact tracing technology in place.

UPDATE: RBNZ revs up the printing press, doesn't rule out negative rates
Rebecca Howard | Wed, 12 Aug 2020

(Updates to add comment from RBNZ governor and assistant governor)  The Reserve Bank kept the official cash rate at a record low 0.25 percent but expanded its large-scale asset purchase programme t...

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