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Beni Stabili to pay FY'16 dividend May 29

Beni Stabili SpA SIIQ shareholders approved a dividend payment of 3.3 euro cents per share for the year ended Dec. 31, 2016.

The dividend, approved at the company's annual general meeting of shareholders April 6, corresponds to 71%, or about €74.9 million of the company's recurring net income.

Payout of the dividend is scheduled May 29.