Investore Property Ltd announced a per-share dividend of 1.86 New Zealand cents for the first quarter of the fiscal year ending March 31, 2018.

The amount will be paid out Sept. 25 to shareholders on the register as at Sept. 11.

The company is expecting an annual cash dividend of 7.46 cents per share for the 2018 fiscal year.

As of Aug. 4, US$1 was equivalent to NZ$1.35.