DGAP-News: Gazit-Globe Declares a Dividend of NIS 0.43 Per Share, and an Increase of 4.7% in Its Dividend for 2014 to NIS 1.80 Per Share
(firmenpresse) - Gazit-Globe
20.11.2013 10:15
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TEL-AVIV, Israel, 2013-11-20 10:14 CET (GLOBE NEWSWIRE) --
Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), one of the world's leading
multi-national real estate companies focused on acquisition, development and
redevelopment of supermarket-anchored shopping centers in major urban markets,
announced today that its Board of Directors has declared a quarterly cash
dividend of NIS 0.43 per share of its common stock (~U.S.$ 0.12), payable on
December 30, 2013 to stockholders of record on December 16, 2013. The dividend
represents an annualized distribution of NIS 1.72 per share.
The Company's Board of Directors declared a dividend policy for 2014 of a
minimum quarterly dividend payment of NIS 0.45 per share (~U.S.$ 0.13),
representing an annualized dividend of NIS 1.80 per share, to be distributed as
of the first quarter of 2014, representing growth of 4.7% over the 2013
dividend. Since initiating its dividend in 1998, Gazit-Globe has increased its
annual dividend for 15 consecutive years.
Holders of Gazit-Globe's shares on the NYSE and TSX will receive their
distribution in U.S. dollars based on the NIS exchange rate as of the record
date. Canadian shareholders may request that their brokers convert their
payment in U.S. dollars into Canadian dollars.
About Gazit-Globe
Gazit-Globe is one of the largest owners, developers and operators of
supermarket-anchored shopping centers in major urban markets around the world.
In addition, the Company is active in North America in the healthcare real
estate sector. Gazit-Globe is listed on the New York Stock Exchange (NYSE:GZT),
the Toronto Stock Exchange (TSX:GZT) and the Tel Aviv Stock Exchange (TASE:GZT)
and is included in the TA-25 and Real-Estate 15 indices in Israel. Gazit-Globe
owns and operates 584 properties in more than 20 countries, with a gross
leasable area of approximately 6.7 million square meters and a total value of
more than US$21 billion.
FORWARD LOOKING STATEMENTS
This release may contain forward-looking statements within the meaning of
applicable securities laws. In the United States, these statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such statements involve a number of known and unknown risks
and uncertainties, many of which are outside our control, that could cause our
future results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or contribute to
such differences include risks detailed in our public filings with the SEC and
the Canadian Securities Administrators. Except as required by applicable law,
we undertake no obligation to update any forward-looking or other statements
herein, whether as a result of new information, future events or otherwise.
Numbers presented in USD are based on the exchange rate as of September 30,
2013 of 1 USD = 3.537 NIS
CONTACT: For additional information:
Gil Kotler,
Senior Executive VP and CFO
Investors Contact: IR(at)gazitgroup.com,
Media Contact: press(at)gazitgroup.com
Gazit-Globe Headquarters, Tel-Aviv, Israel,
Tel: +972 3 694 8000 /New York Office, Tel: +1 212 897 9741
News Source: NASDAQ OMX
20.11.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Gazit-Globe
Panama
Phone:
Fax:
E-mail:
Internet:
ISIN: PAL0605071A3
WKN:
End of Announcement DGAP News-Service
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Themen in dieser Pressemitteilung:
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globe-declares-a-dividend-of-nis-0-43-per-share
and-an-increase-of-4-7-in-its-dividend-for-2014-to-nis-1-80-per-share
Unternehmensinformation / Kurzprofil:
Datum: 20.11.2013 - 10:15 Uhr
Sprache: Deutsch
News-ID 318485
Anzahl Zeichen: 8091
contact information:
Kategorie:
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