FY21 Result: SGP have reported funds from operations (FFO) of 0.331 today (inline) & a FY21 dividend of 0.246 (inline). Guidance for FFO for FY22 or 34.6-35.6cps was inline with current expectations. Shares are trading down 1.3% just before the close.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is neutral/bullish SGP for income
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