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50p final dividend to be paid by Daejan Holdings

StockMarketWire.com

Daejan Holdings has announced a final dividend of 50p per share.

In the year to the end of March 2011 profits before tax increased from £61,129 in the previous year to £84,363.

The revaluation of the investment property portfolio at the year end has resulted in a net valuation surplus for the year of £52,024,000 (2010 - £24,997,000).

The final dividend of 50p per share in respect of the year is payable on 11 November 2011 to shareholders on the register on 14 October 2011.

This will make a total dividend for the year of 75p (2010 - 74p).



At 12:43pm: (LON:DJAN) Daejan Holdings share price was +63.5p at 2823.5p


Story provided by StockMarketWire.com