Sirius Real Estate increases dividend after solid first half
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Sirius Real Estate Limited reported a strong first half with a 14.5% increase in funds from operations and a 1.2% rise in net asset value per share. The company has also increased its dividend.
November 18, 2024 | 8:15 am
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Sirius Real Estate Limited reported a 14.5% increase in funds from operations and a 1.2% rise in net asset value per share, leading to a dividend increase.
The increase in funds from operations and net asset value per share indicates strong financial performance, which is further supported by the decision to increase dividends. This is likely to positively impact the stock price in the short term as it reflects the company's robust financial health and shareholder-friendly actions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100