Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

URBUS Properties Limited (URB)


URBUS Properties Limited (URB)

Interim profit and dividend for the six months to 30th September 2002

URBUS Properties Limited today announced an unaudited after tax operating profit of $8,204,000 for the six months to 30th September 2002. This is a slight increase over the same period last year ($8,170,000). Revaluations of the property portfolio are not included. The Company revalues its property portfolio annually on 31st March.

The company also announced an interim dividend of 3.62 cents per share (cps), together with an imputation credit of 0.88 cps to give a gross dividend for the six months of 4.50cps. This equates to an annual pre-tax return of 9.00cps. This is in line with the previous year’s interim dividend and equates to an 11.25% return on the latest share price $0.80.

The record date for the interim dividend is 22nd November 2002 and the URBUS shares will go ex the interim dividend on 25th November 2002. The payment date is 6th December 2002.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>