Corporate | 1 September 2014 10:10
DGAP-News: Gazit-Globe
01.09.2014 / 10:10
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TEL-AVIV, Israel, 2014-09-01 10:10 CEST (GLOBE NEWSWIRE) --
Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), one of the world's leading
multi-national real estate companies focused on acquisition, development and
redevelopment of supermarket-anchored shopping centers in major urban markets,
announced today that its Board of Directors has declared a quarterly cash
dividend of NIS 0.45 per share of its common stock, payable on October 1, 2014
to stockholders of record as of September 16, 2014. The dividend represents an
annualized distribution of NIS 1.80 per share. Since initiating its dividend in
1998, Gazit-Globe has increased its annual dividend for 15 consecutive years.
Holders of Gazit-Globe's shares on the NYSE and TSX will receive their
distribution in U.S. dollars based on the NIS exchange rate as of the record
date. Canadian shareholders may request that their brokers convert their
payment in U.S. dollars into Canadian dollars.
About Gazit-Globe
Gazit-Globe is one of the largest owners, developers and operators of
predominantly supermarket-anchored shopping centers in major urban markets
around the world. Gazit-Globe is listed on the New York Stock Exchange
(NYSE:GZT), the Toronto Stock Exchange (TSX:GZT) and the Tel Aviv Stock
Exchange (TASE:GZT) and is included in the TA-25 and Real-Estate 15 indices in
Israel. Gazit-Globe owns and operates 561 properties in more than 20 countries,
with a gross leasable area of approximately 6.6 million square meters and a
total value of approximately US$ 22 billion.
FOR ADDITIONAL INFORMATION
Investors Contact: IR@gazitgroup.com, Media Contact: press@gazitgroup.com
Gazit-Globe Headquarters, Tel-Aviv, Israel, Tel: +972 3 694 8000 / New York
Office, Tel: +1 212 897 9741
FORWARD LOOKING STATEMENTS
This release may contain forward-looking statements within the meaning of
applicable securities laws. In the United States, these statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such statements involve a number of known and unknown risks
and uncertainties, many of which are outside our control, that could cause our
future results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or contribute to
such differences include risks detailed in our public filings with the SEC and
the Canadian Securities Administrators. Except as required by applicable law,
we undertake no obligation to update any forward-looking or other statements
herein, whether as a result of new information, future events or otherwise.
Exchange rate as of June 30, 2014 of 1 USD = 3.438 NIS
CONTACT: For additional information:
Gil Kotler,
Senior Executive VP and CFO
Gazit-Globe Ltd.
1 HaShalom Rd.
Tel Aviv, Israel 67892
+972 3 694 8000
News Source: NASDAQ OMX
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Language: English
Company: Gazit-Globe
Israel
ISIN: PAL0605071A3
End of News DGAP News-Service
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