CLS Holdings increases its 2017 interim dividend by 6.6%

DividendMax Ltd.

CLS Holdings increases its 2017 interim dividend by 6.6%

2017 interim results

EPRA net assets per share: up 9.3% to 268.5 pence (31 December 2016: 245.6 pence)

Net assets per share: up 10.1% to 236.9 pence (31 December 2016: 215.1 pence)

Total return of 12.0% (2016: 7.1%)

EPRA earnings per share: 5.3 pence (2016: 8.1 pence)

Profit after tax: £100.0 million (2016: £29.7 million) including higher property valuation uplift of £48.7 million (2016: £2.4 million) and profit on sale of properties of £41.7 million (2016: £4.4 million)

Investment property valuation: up 4.7%, or 3.4% in local currencies

Interim fully-covered dividend up 6.6% to 2.05p per share; progressive policy with twice yearly distribution, one-third half year, two-thirds full year

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