Sirius Real Estate upbeat about upcoming dividend | ClucasGray

Sirius Real Estate upbeat about upcoming dividend

Sirius Real Estate upbeat about upcoming dividend

Post on 23 January 2017

Written by eProperty News

Sirius Real Estate is on track to declare a dividend of 2.7 euro cents for the year to end-March.

Sirius Real Estate‚ the JSE-listed owner of flexible office and storage space in Germany‚ is on track to declare a dividend of 2.7 euro cents for the year to end-March‚ according to a consensus of analysts.

Brendon Hubbard of ClucasGray Investment Management‚ said Friday’s trading statement was very positive for Sirius as it implies earnings and dividends are up over 40% in euros.

Sirius CEO Andrew Coombs said the group had performed very well in the first half of the 2017 financial year, and he expects them to move to the main boards of both the JSE and the London Stock Exchange in January.

What is the secret to Sirius’ success? Well their product offering that adapts easily to the needs of their clients, for starters, and they are reaping the rewards of their strategy.

Read the full article here.