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Globalworth Announces Interim Dividend with Scrip Alternative

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Globalworth Announces Interim Dividend with Scrip Alternative

Elevate Your Investing Strategy:

An announcement from Globalworth Real Estate Investments ( (GB:GWI) ) is now available.

Globalworth Real Estate Investments Limited has announced the approval of an interim dividend of 9 cents per ordinary share for the six-month period ending December 2024. Shareholders have the option to receive this dividend as a scrip dividend alternative, allowing them to receive new ordinary shares instead of cash. The reference price for the scrip dividend shares is set at 208 cents, reflecting a 20% discount to the average market price. This move provides shareholders with flexibility in how they receive returns and could potentially enhance shareholder value by increasing equity participation.

More about Globalworth Real Estate Investments

Globalworth Real Estate Investments Limited is a prominent real estate company operating in Central and Eastern Europe, listed on the AIM-segment of the London Stock Exchange. It focuses on acquiring, developing, and managing high-quality office properties in prime locations, primarily in Poland and Romania. The company generates rental income from a diverse range of national and multinational tenants, with a portfolio valued at €2.6 billion as of December 2024.

YTD Price Performance: 1.16%

Average Trading Volume: 2,194

Technical Sentiment Signal: Sell

Current Market Cap: €730.1M

For a thorough assessment of GWI stock, go to TipRanks’ Stock Analysis page.

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