bullish

Palace Capital - Positive update and dividend increase

8 Views08 Apr 2022 18:24
Issuer-paid
SUMMARY

Palace Capital (PCA) has issued a positive trading update ahead of the expected June publication of results for the year ending 31 March 2022 (FY22). It expects recurring earnings to exceed market expectations, underpinned by leasing and other asset management activity, as well as acquisitions, and will increase the Q422 DPS by 15%.

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