Booster Investment Management has announced a distribution of 0.81 cents per unit for the quarter ended March 31, 2025, for the Private Land and Property Fund.
The distribution, which is fully imputed, is equivalent to a pre-tax payment of 0.97%.
It is based on the fund's cash earnings from January 1 to March 31, 2025.
The fund is currently generating annual cash-based pre-tax earnings of 3.6% from its lease income and grape supply contracts, and it continues to benefit from valuation gains on its land under development.
The distribution reinvestment plan is available for this distribution.
The record date for eligibility is March 20, 2025.
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