Grand City Properties Announces Dividend Proposal and Policy Update

Grand City Properties S.A. has announced a proposal for a dividend payment and an update to its dividend policy. The board plans to propose a dividend of EUR 0.30 per share for the financial year 2025 at the upcoming annual general meeting on June 24, 2026. This marks a return to dividend distributions since the financial year 2021. Additionally, the company will update its dividend payout policy starting from 2026 to 50% of FFO 1 per share, contingent on market conditions.

This strategic decision by the board comes as part of a broader financial approach to align shareholder interests with the company’s performance. While the payment is subject to approval, it reflects Grand City Properties’ commitment to offering returns to its shareholders. The Luxembourg-based company emphasizes that these developments are dependent on the prevailing market conditions.