Gazit Globe Ltd Announces Management Changes; Provides Dividend Guidance for 2018
On January 9, 2018, Gazit reported that its board of directors has approved the company's expected dividend distribution amounts for 2018, in keeping with Gazit's long-standing dividend policy adopted by its board of directors in 1998. Pursuant to that board decision, Gazit anticipates distributing quarterly dividends in 2018 in amounts of ILS 0.38 per outstanding ordinary share, yielding an aggregate annual dividend of ILS 1.52 per outstanding ordinary share for 2018 (compared to an aggregate annual dividend amount of ILS 1.40 per outstanding ordinary share for 2017).