New European Property Investments has published its results for the year ended 31 December 2014. Over the period the net asset value rose from €3.56 to €4.52 and the adjusted net asset value, which adjusts for items such as goodwill and deferred tax, rose from €3.70 to €4.63. The directors have announced a 17.35 cent distribution for the second half of 2014, making 32.22 cents for the year as a whole, a 20% uplift over the 2013 distribution. Shareholders can opt to get their dividend in shares, giving them 2.05 shares for every 100 they hold.
NEPI : New European Property 20% uplift in distribution