Asset Plus Limited has released a dividend notice for the quarter ended 31 December 2021 and agreed a variation of settlement date for its sale of Eastgate.
The gross dividend for the quarter is 0.294 cents per share and will be paid to shareholders on 25 March 2022.
Settlement for the sale of Eastgate is now expected on the later of 1 April 2022 and 10 days after the granting of new titles to Eastgate following a subdivision.
The variation reflects a potential small delay to new titles being issued by LINZ and provides a short-term improvement to earnings as Eastgate’s income continues to be captured.
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