Stride Property Group (Stride) confirms that, consistent with previous guidance, it is targeting a combined annual cash dividend for the financial year ending 31 March 2023 (FY23) of 9.91 cents per share, noting the Stride Boards will continue to monitor market conditions for the remainder of the year.
The Dividend Reinvestment Plan remains suspended for the FY23 first quarter dividends.
Stride Property Limited (SPL) – FY23 First Quarter Dividend
SPL announces a cash dividend for the first quarter (1 April 2022 to 30 June 2022) of FY23 of 2.0702 cents per share to be paid on 9 September 2022 to all shareholders on the register at the close of business on 2 September 2022.
This dividend will carry imputation credits of 0.351348 cents per share. A supplementary dividend of 0.159435 cents per share will be paid to non-resident shareholders.
Stride Investment Management Limited (SIML) – FY23 First Quarter Dividend
SIML announces a cash dividend for the first quarter (1 April 2022 to 30 June 2022) of FY23 of 0.4073 cents per share to be paid on 9 September 2022 to all shareholders on the register at the close of business on 2 September 2022.
This dividend will carry imputation credits of 0.158394 cents per share. A supplementary dividend of 0.071876 cents per share will be paid to non-resident shareholders.
Ends
Attachments provided to NZX:
• Stride Property Limited - NZX Distribution Notice – 250822
• Stride Investment Management Limited - NZX Distribution Notice - 250822
For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 - Email: [email protected]
Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
Mobile: 021 230 3026 - Email: [email protected]
Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
Mobile: 021 536 406 - Email: [email protected]
Louise Hill, General Manager Corporate Services, Stride Investment Management Limited
Mobile: 0275 580 033- Email: [email protected]
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.