FY23 Third Quarter Dividends

CORPACT
Thu, Feb 23 2023 11:57 am

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 8.00 cents per stapled security.

The Dividend Reinvestment Plan announced in December 2022 will operate for the FY23 third quarter dividends of both Stride Property Limited (SPL) and Stride Investment Management Limited (SIML), with a 2% discount being applied when determining the issue price.

The last date for receipt of an application for participation in the Dividend Reinvestment Plan in respect of this dividend is 5pm on 6 March 2023.

Stride Property Limited – FY23 Third Quarter Dividend
SPL announces a cash dividend for the third quarter (1 October 2022 to 31 December 2022) of FY23 of 1.68083 cents per share to be paid on 21 March 2023 to all shareholders on the register at the close of business on 3 March 2023.

This dividend will carry imputation credits of 0.533535 cents per share. A supplementary dividend of 0.242108 cents per share will be paid to non-resident shareholders.

Stride Investment Management Limited – FY23 Third Quarter Dividend
SIML announces a cash dividend for the third quarter (1 October 2022 to 31 December 2022) of FY23 of 0.16 cents per share to be paid on 21 March 2023 to all shareholders on the register at the close of business on 3 March 2023.

This dividend will carry imputation credits of 0.062222 cents per share. A supplementary dividend of 0.028235 cents per share will be paid to non-resident shareholders.

Ends

Attachments provided to NZX:
• Stride Property Limited - NZX Distribution Notice – 230223
• Stride Investment Management Limited - NZX Distribution Notice - 230223

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.


Announcement PDF


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