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SENASTE
Profits in the quarter were marginally lower than we estimated, and fair value changes were slightly below as the valuation yield was left unchanged. Cibus is a consolidator of grocery retail properties leading to stable and predictable cash flow enabling the highest dividend yield among Nordic properties of 5.6% on 2020 earnings with a target to grow the dividend by at least 5% per year. Dividend proposed at SEK 0.94, up 6% y-o-y.
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