Fortress warns of dividend fall due to Covid-19
Holders of the landlord’s A shares will see a 15% fall in distributions to end-June, while holders of B shares won’t receive anything
18 August 2020 - 13:11
Landlord Fortress has warned that its B-shareholders will not receive a dividend in its six months to end-June as Covid-19 batters the property sector.
Fortress — which has assets in logistics, commuter-orientated retail centres, and industrial and office properties — said the distribution per share payable to Fortress A-shareholders to end-June will be at least 15%, or about 11c, lower...
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