Sharechat Logo

ING says it exceeded its prospectus forecast

Friday 7th November 2003

Text too small?
ING Property Trust, formerly Paramount Property Trust, says the gross yield of 6.6% in the table published on October 24 does not reflect the true annualised figure but rather the gross dividend yield for six months.

The prospectus and investment statement issued as part of the initial public offering provided a forecast annualised gross distribution yield per unit of 11.0% for the four months to March 31, 2003, and a forecast annualised gross distribution yield per unit of 11.2% for the 12 months to March 31, 2004.

ING further says the trust exceeded the prospectus forecast with an annualised gross distribution yield of 11.3% for the four months to March 31, 2003.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Investore Property Limited (Investore) today announced its financial results for the twelve months ended 31 March 2020 (FY20).
Rabobank GDT Analysis - Event 261
SkyCity Entertainment Group Limited - Update on COVID-19 Impacts and Recent Trading
ANZ announces sale of UDC Finance
Foley Wines Limited Announces Harvest Result, Earnings Outlook and Development in Martinborough
JUST MY VIEW - BRENT KING
BLIS delivers substained profitable growth
Infratil - Full year results announcement for the year ended 31 March 2020
COMVITA LIMITED Announces NZ$50 Million Equity Raising to improve balance sheet flexibility and build resilience
GMT’s delivers statutory profit of $284.4 million before tax

IRG See IRG research reports