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Ascencio proposes higher FY'16-17 dividend

Ascencio SCA plans to distribute €3.30 per share in gross dividend for the financial year 2016-2017.

The proposed dividend is up 3.1% year over year. The company will propose the new dividend at its annual general meeting Jan. 31, 2018.

The company cited its improved performance in the Belgian, French and Spanish real estate markets as the reason for the raised dividend.