Gazit-Globe (GZT) reported that its first-quarter Funds from operations increased to NIS 150 million (US$41 million), or NIS 0.90 per share (US$ 0.25), from NIS 126 million (U.S.$ 35 million), or NIS 0.76 per share (US$ 0.21), in the same quarter last year.
Net income attributable to the company's shareholders totaled NIS 345 million, or NIS 2.08 per share, compared to NIS 258 million, or NIS 1.51 per share, in the first quarter of 2012.
Rental income for the quarter increased 6% to NIS 1.340 billion, from NIS 1.259 billion in the first quarter of 2012.
The company said that its board of Directors declared a quarterly cash dividend of NIS 0.43 per share (US$ 0.12) payable on July 2, 2013 to shareholders of record as of June 17, 2013, which represents an annualized projected dividend per share of NIS 1.72 (US$ 0.47).
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.