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%.
08 Apr 2022
Palace Capital - Positive update and dividend increase
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Palace Capital - Positive update and dividend increase
Palace Capital plc (PCA:LON) | 238 -11.9 (-2.1%) | Mkt Cap: 89.4m
- Published:
08 Apr 2022 -
Author:
Martyn King -
Pages:
6
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%.