Charter Hall Group (ASX:CHC) said it will implement a return of capital of AU$0.1161 per share and pay a fully franked special dividend of AU$0.3067 to security holders, according to a Wednesday filing with the Australian bourse.
The company has obtained a draft class ruling from the Australian Taxation Office regarding the implications of the capital return and dividend, the filing said.
It expects a formal class ruling by six weeks after the implementation on Dec. 18, the filing added.