Stockland (ASX:SGP) declared an estimated final distribution of AU$0.172 per stapled security for the fiscal year ending June 30, according to a Monday filing with the Australian bourse.
The dividend will be paid on Aug. 29 to shareholders on record as of June 30, the filing said.
The company also stated that its dividend reinvestment plan will operate for the current distribution period, offering participating security holders a 1% discount on stapled securities, with elections due on July 31, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.