Gateway Real Estate will propose the payment of a dividend of EUR 0.20 per share to its Annual General Meeting 2020

Gateway Real Estate AG / Key word(s): Dividend/Real Estate
Gateway Real Estate will propose the payment of a dividend of EUR 0.20 per share to its Annual General Meeting 2020

04-Dec-2019 / 17:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information according to Article 17 MAR
 

Gateway Real Estate will propose the payment of a dividend of EUR 0.20 per share to its Annual General Meeting 2020

Frankfurt am Main, 4 December 2019. The management board and supervisory board of Gateway Real Estate AG (WKN A0JJTG / ISIN DE000A0JJTG7) today resolved to propose to its Annual General Meeting in 2020 the payment of a dividend of EUR 0.20 per share for the 2019 financial year. At the current stock market price of approximately EUR 4.00 per share, this corresponds to a dividend yield of 5%.

The dividend will be paid if a corresponding resolution is passed by the Annual General Meeting in 2020.

About Gateway Real Estate
Gateway Real Estate AG is one of the leading listed developers of commercial and residential real estate in Germany (WKN: A0JJTG / ISIN: DE000A0JJTG7). The company has a broadly diversified portfolio, excellent market access and a well-filled project pipeline. In this way, the company achieves sustainable and profitable growth. The Group is currently developing real estate with an estimated gross development volume (GDV) of around five billion euros.

Further Information: www.gateway-re.de
 

Contact
Sven Annutsch
The Squaire No. 13, Am Flughafen
60549 Frankfurt am Main
T +49 (0) 69 78808800 0
F +49 (0) 69 78 80 88 00-99
E-Mail: sven.annutsch@gateway-re.de


04-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this
Back