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Israel's Gazit-Globe Ltd
GZT posted a profit in the first quarter.
Gazit-Globe's quarterly net profit came in at 260 million shekels ($67.4 million), versus a quarterly net loss of 14 million. Its property rental income climbed 11% to 1.41 billion shekels.
Gazit-Globe's net operating income surged 13% to 935 million shekels.
Gazit-Globe announced its plans to pay a dividend of 0.4 shekel per share, versus 0.39 shekel per share, in the year-earlier period.
Gazit-Globe shares closed at $9.93 yesterday.
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