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Secure Property CEO mulls dividend as company moves into profit

Lambros Anagnostopoulos, chief executive of Secure Property Development & Investment (LON:SPDI), has hinted at the company’s first dividend payment to shareholders may not be far away.

The South-eastern Europe-focused real estate investment firm made underlying earnings (EBITDA) of €1.5mln in the first half of this year and is keen to start rewarding loyal holders of its stock.

Assets under management broke through the €100mln barrier to end the reporting period at €126mln as it made five property acquisitions between January and June.

Quick facts: SECURE PROP DEV

Price: 6.5 GBX

AIM:SPDI
Market: AIM
Market Cap: £8.4 m
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