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DIC Asset AG (DICn.DE)

DICn.DE on Xetra

9.63EUR
23 May 2018
Change (% chg)

€-0.06 (-0.62%)
Prev Close
€9.69
Open
€9.65
Day's High
€9.66
Day's Low
€9.51
Volume
83,889
Avg. Vol
129,795
52-wk High
€11.12
52-wk Low
€9.04

Latest Key Developments (Source: Significant Developments)

DIC Asset: First Scrip Dividend With Acceptance Rate Of Around 44 Pct
Wednesday, 18 Apr 2018 02:29am EDT 

April 18 (Reuters) - DIC Asset AG ::DGAP-NEWS: DIC ASSET AG: EXCELLENT RESULT FOR DIC'S FIRST SCRIP DIVIDEND WITH AN ACCEPTANCE RATE OF AROUND 44 PERCENT.SHAREHOLDERS CHOSE FOR MORE THAN 30 MILLION SHARES DIC'S FIRST-TIME OPTION OF A SCRIP DIVIDEND.COMPANY RETAINS AROUND EUR 19 MILLION IN CASH FOR CONTINUED GROWTH.TOTAL OF 1,948,501 NEW VALUE SHARES ISSUED.DIVIDEND CASH DISTRIBUTION REDUCED BY 44 PERCENT TO EUR 24.5 MILLION.  Full Article

DIC Asset Buys Another Two Assets, Winds-Up Joint Ventures As Planned
Thursday, 21 Dec 2017 02:00am EST 

Dec 21 (Reuters) - DIC ASSET AG ::DGAP-NEWS: DIC ASSET AG BUYS ANOTHER TWO ASSETS, AND WINDS-UP JOINT VENTURES AS PLANNED.PURCHASE PRICE PAID FOR ASSETS TOTALLED MORE THAN EUR 100 MILLION.PROPERTY IN HAMBURG AND ANOTHER PROPERTY IN FRANKFURT SUCCESSFULLY SOLD FOR A TOTAL OF EUR 22.6 MILLION.  Full Article

DIC Asset Buys 'Doppel-X' Office Property In Hamburg
Monday, 4 Dec 2017 02:30am EST 

Dec 4 (Reuters) - DIC ASSET AG ::DGAP-NEWS: DIC ASSET AG BUYS 'DOPPEL-X' OFFICE PROPERTY IN HAMBURG.  Full Article

TLG IMMOBILIEN: DIC Asset exceeds threshold of 10 pct shareholding
Wednesday, 8 Nov 2017 02:12am EST 

Nov 8 (Reuters) - TLG IMMOBILIEN AG ::SAID ON TUESDAY THAT DIC ASSET AG <<>> INFORMED, IN CONNECTION WITH EXCEEDING OF THE THRESHOLD OF 10% ON OCT 06, THAT THE INVESTMENT IS USED TO IMPLEMENT STRATEGIC OBJECTIVES.DEPENDING ON CONDITIONS, REPORTING PERSONS INTEND TO ACQUIRE OR OTHERWISE OBTAIN FURTHER VOTING RIGHTS WITHIN NEXT TWELVE MONTHS.REPORTING PERSONS DO NOT INTEND TO INFLUENCE THE COMPOSITION OF THE ISSUER'S MANAGEMENT BOARD.REPORTING PERSONS INTEND TO INFLUENCE THE COMPOSITION OF THE ISSUER'S SUPERVISORY BOARD IN ACCORDANCE WITH THEIR SHAREHOLDING.REPORTING PERSON DOES NOT INTEND TO CHANGE THE ISSUER'S CAPITAL STRUCTURE, ESPECIALLY WITH REGARDS TO THE RATIO OF INTERNAL/OUTSIDE FINANCING AND THE DIVIDEND POLICY.  Full Article

DIC Asset ‍9mth FFO up at EUR 48.1 mln
Friday, 3 Nov 2017 02:31am EDT 

Nov 3 (Reuters) - DIC ASSET AG ::DGAP-NEWS: DIC ASSET AG: STRONG THIRD QUARTER WITH 30-PERCENT GROWTH IN FFO.9MTH PROFIT FOR PERIOD SURGED BY 48 PERCENT TO EUR 33.4 MILLION YEAR ON YEAR (9M 2016: EUR 22.5 MILLION)​.‍9MTH FFO EQUALLED EUR 48.1 MILLION, WHICH IMPLIES A YEAR-ON-YEAR INCREASE BY 30 PERCENT​.‍EUR 85.7 MILLION GROSS RENTAL INCOME IN 9MTH; LIKE-FOR-LIKE GROWTH 1.1 PERCENT​.‍REAFFIRMED FORECAST OF OPERATING TARGETS FOR FINANCIAL YEAR 2017​.‍SPECIAL DIVIDEND PLANNED FOR 2017​.FOR 2017TARGETS A ONE-OFF SPECIAL DIVIDEND IN AMOUNT OF AT LEAST 20 CENTS PER SHARE​.  Full Article

DIC Asset is planning an extraordinary dividend for 2017
Monday, 9 Oct 2017 02:15am EDT 

Oct 9 (Reuters) - DIC ASSET AG ::DGAP-ADHOC: DIC ASSET AG IS PLANNING AN EXTRAORDINARY DIVIDEND FOR 2017.‍INTENDS TO PROPOSE DISTRIBUTION OF A ONE-TIME EXTRAORDINARY DIVIDEND OF AT LEAST 20 CENTS PER SHARE​.  Full Article

DIC Asset raises FFO forecast for 2016
Thursday, 29 Sep 2016 01:00am EDT 

DIC Asset AG : Raises FFO forecast for 2016 . FFO forecast for 2016 raised to 46 million - 47 million euros ($51.66 million - $52.79 million) . 2016 rental income of about 109 million - 111 million euros now anticipated .Positive net absorption and rental income from warehousing for retail fund leads to revision of outlook.  Full Article

DIC Asset H1 FFO up 15 pct at 27.7 mln euros
Wednesday, 3 Aug 2016 01:14am EDT 

DIC Asset AG : H1 profit 20.2 million euros ($22.65 million) . H1 FFO up 15 per cent, to 27.7 million euros (H1 2015: 24.0 million euros) . H1 EBIT increased to 49.1 million euros (+32 per cent compared to 37.3 million euros for first half of 2015) . Acquisitions worth nearly 300 million euros already transacted for funds business in 2016 . In year to date, sales volumes totalled 106.2 million euros . Rental income is expected to increase to between 105 million euros and 107 million euros due to lower disposals from commercial portfolio in first half of 2016 and better than expected letting volume . Is planning total sales volume of 80 million to 100 million euros for FY . Full-Year guidance for 2016 increased . H1 consolidated profit for period rises to 20.2 million euros (H1 2015: 5.0 million euros) . H1 gross rental income during first half of 2016 was 54.6 million euros(H1 2015: 70.4 million euros) . Maintains its FFO full-year guidance for 2016 of 43 million to 45 million euros .Increased acquisition target from between 400 million to 450 million euros up to 500 million euros.  Full Article

DIC Asset acquires retail property portfolio worth 220 million euros
Thursday, 28 Jul 2016 01:27am EDT 

DIC Asset AG : Acquires retail property portfolio worth 220 million euros ($243.45 million) for planned investment fund . Gross lettable area of around 75,000 sqm fully occupied .Acquisitions worth nearly 300 million euros for investment funds already transacted in 2016.  Full Article

DIC Asset confirms guidance for 2016
Tuesday, 5 Jul 2016 10:41am EDT 

DIC Asset AG : AGM approves dividend increase . Management board confirms guidance for 2016; FFO: 43 million euros - 45 million euros ($47.87 million - $50.10 million) . Acquisitions for its funds business are expected to amount to between 400 million euros and 450 million euros .To further optimise its portfolio, DIC Asset plans real estate disposals in a range between 80 million euros and 100 million euros.  Full Article

BRIEF-DIC Asset Q1 Consolidated Income At EUR 9.2 Mln

* Q1 CONSOLIDATED INCOME INCREASED BY 21% TO EUR 9.2 MILLION; FFO AT EUR 13.6 MILLION