G City Ltd (OTCMKTS:GZTGF) to Issue Dividend Increase – $12.50 Per Share

G City Ltd (OTCMKTS:GZTGF) announced a dividend on Tuesday, April 1st, investing.com reports. Investors of record on Wednesday, April 2nd will be paid a dividend of 12.50 per share on Tuesday, April 8th. This represents a yield of 2.95%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 25.0% increase from G City’s previous dividend of $10.00.

G City Stock Performance

GZTGF opened at $3.00 on Thursday. The firm has a 50 day moving average of $3.00 and a two-hundred day moving average of $2.96. The firm has a market capitalization of $528.57 million, a PE ratio of -10.00 and a beta of 1.23. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.75. G City has a 12-month low of $2.25 and a 12-month high of $5.74.

G City Company Profile

G City Ltd, through its subsidiaries, owns, develops, manages, and operates supermarket-anchored urban shopping centers and retail-based mixed-use properties in North America, Brazil, Israel, the United States, Europe, and internationally. The company was formerly known as Gazit-Globe Ltd. and changed its name to G City Ltd in May 2022.