G City Ltd (OTCMKTS:GZTGF) Raises Dividend to $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 is Tuesday, April 1st. This is a 25.0% increase from G City’s previous dividend of $10.00.

G City Stock Performance

GZTGF stock opened at $3.00 on Wednesday. G City has a twelve month low of $2.25 and a twelve month high of $5.74. The stock has a market capitalization of $528.57 million, a price-to-earnings ratio of -10.00 and a beta of 1.23. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.75. The firm’s fifty day simple moving average is $3.00 and its two-hundred day simple moving average is $2.96.

About G City

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.