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03 Jul 2020 | 07:09

Land Securities to reinstate dividends later this year

(Sharecast News) - Commercial property owner Land Securities said it planned to reinstate dividends later this year as tenants reopened premises after the easing of coronavirus lockdowns. The company on Friday said it had received 60% of June net rent due after concessions and deferrals, compared with 94% a year ago.

Dividends would resume after half-year results in November, it added.

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