Stride Property Group – FY20 First Quarter Dividends

Stride Property Group – FY20 First Quarter Dividends

NZX Announcement IMMEDIATE — 29 August 2019

 

Stride Property Limited (SPL) – FY20 First Quarter Dividend

 

Stride Property Limited (SPL) – FY20 First Quarter Dividend
SPL announces a cash dividend for the first quarter (1 April 2019 to 30 June 2019) of the financial year ending 31 March 2020 (FY20) of 2.1575 cents per share to be paid on 20 September 2019 to all shareholders on the register at the close of business on 13 September 2019.

This dividend will carry imputation credits of 0.606283 cents per share. A supplementary dividend of 0.27512 cents per share will be paid to non-resident shareholders.

Stride Investment Management Limited (SIML) – FY20 First Quarter Dividend
SIML announces a cash dividend for the first quarter (1 April 2019 to 30 June 2019) of FY20 of 0.32 cents per share to be paid on 20 September 2019 to all shareholders on the register at the close of business on 13 September 2019.

This dividend will carry imputation credits of 0.124444 cents per share. A supplementary dividend of 0.056471 cents per share will be paid to non-resident shareholders.

Stride Property Group confirms that, consistent with previous guidance, it is targeting a combined annual cash dividend for FY20 of 9.91 cents per share.

The Dividend Reinvestment Plan remains suspended for the FY20 first quarter dividends.

 
Attachments provided to NZX:

• Stride Property Limited – NZX Distribution Notice – 290819
• Stride Investment Management Limited – NZX Distribution Notice – 290819
 


 
For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: +64 21 633 089 – Email: tim.storey@strideproperty.co.nz

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
Mobile: +64 21 230 3026 – Email: philip.littlewood@strideproperty.co.nz

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
Mobile: +64 21 536 406 – Email: jennifer.whooley@strideproperty.co.nz

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited
Mobile: +64 27 558 0033 – Email: louise.hill@strideproperty.co.nz

A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares in the other. Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further information is available at www.strideproperty.co.nz or at www.nzx.com/companies/SPG.

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