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Graphisoft Park AGM Approves EUR 0.54/share Dividend

Office Market

Image by graphisoftpark.com

Shareholders of Graphisoft Park, which owns and operates a business park in the north of Budapest, approved payment of a EUR 0.54-per-share dividend on last year's earnings at an annual general meeting on Friday, the AGM resolutions show.

The dividend will be paid in forints: HUF 201 per share at an exchange rate of HUF 372.3 to the euro.

As the local form of a real estate investment trust (REIT), the company pays 90% of its pro forma earnings as dividends.

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