Vital's Unit Holders will receive a first quarter distribution of 2.4375 cents per unit (cpu) with 0.229982 cpu imputation credits attached. The record date is 28 November 2024 and payment will be made on 12 December 2024. Vital's Distribution Reinvestment Plan (DRP) will remain available to investors for this distribution. A Distribution Notice for the distribution is attached to this release.
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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