Atrium European Real Estate Limited Reports Earnings Results for the Nine Months Ended September 30, 2013; Approves Dividend for the Fourth Quarter of 2013, Payable on December 30, 2013, Full Year 2013 and Full Year 2014; Appoints Roger Orf as Non-Executive Director with Immediate Effect
The company's board has approved an increase in the dividend for the fourth quarter of 2013 to EUR 0.06 per share implying EUR 0.21 per share for the full year 2013. The fourth and final quarterly dividend payment of EUR 0.06 per share wil be paid as a capital repayment on December 30, 2013 to shareholders on the register on December 23, 2013, with an ex-dividend date of December 19, 2013.
For the year 2014, the company's board has also approved a 14% increase in the dividend to at least EUR 0.24 per share.
The company also announced the appointment of Roger Orf to its Board as a non-executive director with immediate effect, following the retirement from the Board of Dipak Rastogi. Mr. Orf, who is a partner at Apolo Global Management and head of its real estate business in Europe, will be one of Apolo´s appointed directors on the Atrium Board.