Advance Terrafund proposed DPS of BGN 0.2005 (NEUTRAL)
11.04.2024
Source: Advance Terrafund; FFBH
Advance Terrafund called GSM on 21 May. The REIT proposed a gross DPS for 2023 of BGN 0.205 (-17.1% YoY). The latter represents a 6.0% yield to the last reported price and corresponds to a 90.0% payout ratio. The GSM invitation is pending approval in the Commercial Registry.