Akelius Residential Property AB Approves to Pay Dividend on Class D Ordinary Shares, Payable on May 08, 2020, August 10, 2020, November 10, 2020 and February 10, 2021 Respectively and Approves Dividend on Class A Ordinary Shares; Approves Election of Kerstin Engström as New Board Member
April 03, 2020 at 10:07 am
Share
Akelius Residential Property AB approved to pay dividend in an amount of EUR 0.10 per class D ordinary share and approved to pay a dividend of EUR 0.03 per class A ordinary share in the annual general meeting held on April 03, 2020. The dividend shall be divided into four payments of EUR 0.025 per class D ordinary share at the respective dividend payment date. The record dates are proposed to be on May 05, 2020, August 05, 2020, November 05, 2020 and February 05, 2021. The dividend is expected to be paid through Euroclear Sweden AB on May 08, 2020, August 10, 2020, November 10, 2020 and February 10, 2021.
The company approved to elect Kerstin Engström as new board member in the annual general meeting held on April 03, 2020.
Akelius Residential Property publ AB, formerly Akelius Residential publ AB, is a Sweden-based company active in the real estate sector. It purchases, develops, upgrades and manages residential properties. The Company operates in Sweden, Germany, Canada, the United States and France. Its portfolio includes approximately 41 thousand apartments, located in larger cities, such as Toronto, New York, Hamburg, Berlin, Paris, Stockholm and Gothenburg, among others. The Company's policy is based on the cherry picking strategy, comprising small purchases of apartments with renovation potential, located in developing cities, districts and suburbs; the upgrade of rental apartments to First Class, the standard level of newly built flats; and the sale of turnkey properties. The Company is a parent entity of the Akelius Fastigheter group.
Akelius Residential Property AB Approves to Pay Dividend on Class D Ordinary Shares, Payable on May 08, 2020, August 10, 2020, November 10, 2020 and February 10, 2021 Respectively and Approves Dividend on Class A Ordinary Shares; Approves Election of Kerstin Engström as New Board Member
AKELIUS RESIDENTIAL PROPERTY AB 
