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Tag Immobilien declares dividend

Tag Immobilien AG is set to pay May 28 its dividend of 65 euro cents per share, up year over year, to shareholders on record May 25.

The German developer also said in a release for bondholders that the reference dividend has been adjusted on a pro rata basis but remains at 57 cents.

In its latest earnings release, Tag Immobilien said it expects per-share dividend for 2018 to increase to 70 cents.