(CercleFinance.com) – Foncière Inea presented its annual results for 2022 on Wednesday, marked in particular by consolidated turnover up 13% to 58.5 million euros.
At 58 million euros over the past financial year, net income shows an increase of 7%.
This increase was driven both by the entry into operation of new buildings (+8.5%) and by the good growth in income on a like-for-like basis (+4.2%).
Rental activity was sustained in 2022 (61 leases signed for more than 43,000 m2), without however returning to its pre-Covid levels.
These results will allow the company to propose to the next general meeting of shareholders a stable dividend of 2.70 euros per share, despite the 28% increase in the number of shares in 2022.
The dilutive effect of the capital increase is thus also absorbed over the financial year at the level of the dividend.
This dividend represents a pay-out (distribution ratio) of 78% on the cash flow generated over the financial year, and offers a yield of 6.5% on the closing price on December 31, 2022.
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