Newpark REIT Limited Provides Dividend Guidance for the Six Months Ended 31 August 2023 and Full Year Ending February 29, 2024
Based on the revised forecast and planned retention for capital expenditure,the dividend per share for the full year ending 29 February 2024 is expected to be between 70.55 and 77.27 cents per share being an increase of 5.00% to 15.00% of the full dividend of 67.19 cents per share declared in respect of the earnings for the year ended 28 February 2023.