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IN BRIEF: Palace Capital to pay dividend as sales in York continue

ALN

Palace Capital PLC - London-based property investment company - Announces it will be pay a quarterly dividend of 3.75 pence per ordinary share for the three months ending in June. The dividend will be paid as a property income distribution. The dividend will be paid on October 14. Also reports that apartment sales at Hudson Quarter in York continue. A further seven apartments have been sold for £3 million. A further eight units are under offer to the value of £3.9 million.

Current stock price: 257.00 pence

12-month change: up 3.21%

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