(AOF) – During its annual review, the S&P agency confirmed Covivio’s financial rating at BBB+, stable outlook. This confirmation recognizes the solidity of the company’s operational and financial profile. S&P underlines the good performance of the operational profile, diversified and driven by rental dynamics. As a reminder, like-for-like revenue growth stood at +7.1% at the end of March 2024, the occupancy rate increased by 0.4 points, to 97.1%, and the maturity averaged leases close at 6.7 years.
Furthermore, the combined general meeting of shareholders of Covivio approved the amount of the dividend for 2023 at €3.30 per share, as well as the possibility for each shareholder to opt for payment of the dividend in shares.
At the end of the subscription period, open from April 23, 2024 to May 7, 2024 inclusive, 77.50% of the capital opted for payment of the dividend in shares
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