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It will be interesting to see whether the market likes the $0.05c div and pushes the price up today/tomorrow before GPT goes exdiv on Thursday or whether the cautious outlook for growth of cpi+1% going forward is seen as a negative and the market sells GPT down.No doubt GPT will drop by at least $0.05 on Thursday/Friday after it goes ex-div. Realistically, to be delivering growth and improved distribution in the current economic environment, GPT is still outperforming many other A-REIT shares as well as shares in other sectors.As always, do your own research and good luck.
It will be interesting to see whether the market likes the $0.05c div and pushes the price up today/tomorrow before GPT goes exdiv on Thursday or whether the cautious outlook for growth of cpi+1% going forward is seen as a negative and the market sells GPT down.
No doubt GPT will drop by at least $0.05 on Thursday/Friday after it goes ex-div. Realistically, to be delivering growth and improved distribution in the current economic environment, GPT is still outperforming many other A-REIT shares as well as shares in other sectors.
As always, do your own research and good luck.
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