Varia US Properties AG

12/10/2021 | Press release | Distributed by Public on 12/09/2021 23:51

Varia US Properties raises its dividend recommendation and intends to propose a distribution of CHF 3.00 per share based on full-year 2021 results

The Board of Directors of Varia US Properties decided during its last meeting to recommend an increase of the annual distribution per share to CHF 3.00. Therefore, the Board will recommend a true-up of CHF 1.00 per share to the next shareholder meeting in April 2022 that will be paid on top of the four times 50 centimes installement paid since the last shareholder meeting. The dividend payment of CHF 3.00 per share is equivalent to year-on-year growth of 11.1%.

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