FY24 Third Quarter Dividend

CORPACT
Wed, Feb 21 2024 03:27 pm

Investore Property Limited (Investore) has today announced a cash dividend for the third quarter (1 October 2023 to 31 December 2023) of the financial year ending 31 March 2024 (FY24) of 1.625 cents per share to be paid on 18 March 2024 to all shareholders on the register at the close of business on 29 February 2024 (i.e., the record date). This dividend will carry imputation credits of 0.357513 cents per share. A supplementary dividend of 0.162233 cents per share will be paid to non-resident shareholders.

The Board confirms that it is targeting an annual cash dividend of 7.20 cents per share to shareholders for FY24.

The Dividend Reinvestment Plan announced in May 2023 will operate for the FY24 third quarter dividend of Investore, 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 1 March 2024.

Ends

Attachment provided to NZX:

• Investore Property Limited – NZX Distribution Notice – 210224

For further information please contact:

Mike Allen, Chairman, Investore Property Limited
Mobile: 021 606 134 - Email: [email protected]

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited as manager of Investore
Mobile: 021 230 3026 - Email: [email protected]

Adam Lilley, General Manager Investment, Stride Investment Management Limited as manager of Investore
Mobile: 021 024 99198 - Email: [email protected]

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited as manager of Investore
Mobile: 021 536 406 - Email: [email protected]

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited as manager of Investore
Mobile: 0275 580 033- Email: [email protected]


Announcement PDF


Markets News

NZ sharemarket celebrates highest single-day rise in over five months
Markets Market close

NZ sharemarket celebrates highest single-day rise in over five months

The S&P/NZX 50 Index closed at 11,946.43, increasing 143.15 points or 1.21%.

Graham Skellern 24 Apr 2024
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
'Serious compliance breaches' in NZ sharemarket
Markets

Analysts sour on Air New Zealand

Analysts are more downbeat after a downgrade. 

Rebecca Howard 24 Apr 2024
Analysts sour on Air New Zealand