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PSIT ahead

Property Security Investment Trust is forecasting an increase in dividend from 2.5p to 3p a share for the current year to March 31 1987. At the interim stage the payment is lifted from 1p to 1.25p and a final of 1.75p (1.5p) is forecast.

Pre-tax profits for the half year to September 30 1986 increased from £1.63m to £1.84m despite trading losses of £272,000 (£202,000).

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