FY25 First Quarter Dividends

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 2025 (FY25) of 8.00 cents per stapled security, subject to market conditions.

The Boards of both Stride Property Limited (SPL) and Stride Investment Management Limited (SIML) have resolved to suspend the Dividend Reinvestment Plan for the FY25 first quarter dividends of both SPL and SIML.

Stride Property Limited (SPL) – FY25 First Quarter Dividend
SPL announces a cash dividend for the first quarter (1 April 2024 to 30 June 2024) of FY25 of 1.5625 cents per share to be paid on 12 September 2024 to all shareholders on the register at the close of business on 5 September 2024.

This dividend will carry imputation credits of 0.327567 cents per share. A supplementary dividend of 0.148644 cents per share will be paid to non-resident shareholders.

Stride Investment Management Limited (SIML) – FY25 First Quarter Dividend
SIML announces a cash dividend for the first quarter (1 April 2024 to 30 June 2024) of FY25 of 0.4375 cents per share to be paid on 12 September 2024 to all shareholders on the register at the close of business on 5 September 2024.

This dividend will carry imputation credits of 0.170139 cents per share. A supplementary dividend of 0.077206 cents per share will be paid to non-resident shareholders.

Ends

Attachments provided to NZX:
• Stride Property Limited - NZX Distribution Notice – 280824
• Stride Investment Management Limited - NZX Distribution Notice - 280824


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.

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Announcement PDF