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Palace Capital Declares Quarterly Dividend Of 4.75 Pence

Tue, 10th Mar 2020 17:55

(Alliance News) - Palace Capital PLC on Tuesday said it will pay a quarterly dividend of 4.75 pence for the three months to the end of 2019.

Thee real estate development company said the payout comprises a property income distribution of 2.50p and an ordinary dividend of 2.25p.

The stock closed 2.0% higher at 280.08p each on Tuesday in London.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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