Globe Residency REIT Announces Robust Dividend Forecast for 2025
Globe Residency Real Estate Investment Trust (REIT), listed under the symbol GRR, has announced its latest financial figures and projections, showcasing a promising trajectory in its financial performance. As of September 30, 2025, the company's stock is trading at Rs. 19.56, according to the Pakistan Stock Exchange. The REIT has declared distributions of 35% for 2025, indicating a strong outlook compared to the previous year's distribution of 17.50% for 2024.
Key Takeaways:
- Globe Residency REIT's paid-up capital stands at Rs. 1,400 million, with a par value of Rs. 10 per share and a market lot of one.
- The company's daily weighted average rate is recorded at Rs. 19.47, with a stock performance range of Rs. 15.74 to Rs. 11.87 from January to August 2025.
- The turnover for the same period amounted to 2.71 million shares, with an earnings per share (EPS) of Rs. 1.94 for 2023/2024.
- The company operates within the Real Estate Investment Trust category, reflecting its focus on property investments and management.
- Globe Residency REIT has shown a consistent increase in distribution, from 30% in 2023 to 35% in 2025, highlighting the company's continued growth and investor confidence in the real estate sector.
- The company's financial year ends in June, and the previous book closure was on August 14, indicating the last date shareholders were eligible for dividends.
Statistics:
- Paid-up capital: Rs. 1,400 million
- Par value per share: Rs. 10
- Market lot: one share
- Daily weighted average rate: Rs. 19.47
- Stock performance high: Rs. 15.74
- Stock performance low: Rs. 11.87
- Turnover: 2.71 million shares
- Earnings per share (EPS): Rs. 1.94
- Distribution percentage for 2025: 35%
- Distribution percentage for 2024: 17.50%
- Distribution percentage for 2023: 30%
Sources:
- Globe Residency REIT's website
- Pakistan Stock Exchange (PSX)
- Pakistan Stock Exchange (PSX), company profile for Globe Residency REIT