March 2025 Distribution Declaration
Stock | Homeco Daily Needs REIT (HDN.ASX) |
---|---|
Release Time | 25 Mar 2025, 8:56 a.m. |
Price Sensitive | Yes |
HomeCo Daily Needs REIT Declares March 2025 Distribution
- Quarterly distribution of 2.125 cents per unit declared for Q1 2025
- Distribution Reinvestment Plan activated for this distribution
- Key dates and payment details provided
HomeCo Daily Needs REIT (ASX: HDN), managed by HMC Funds Management Limited, has declared the quarterly distribution for the period 1 January 2025 to 31 March 2025 of 2.125 cents per unit. The Distribution Reinvestment Plan is activated for this March 2025 distribution. Key dates include the ex-distribution date of 28 March 2025, the record date of 31 March 2025, the last date to elect to participate in the DRP of 1 April 2025, the VWAP period of 2 April 2025 to 8 April 2025, the DRP Price Announcement on 9 April 2025, and the payment date and despatch of statements on or about 22 May 2025. The DRP Discount is nil for this distribution.HDN is an Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services. HDN aims to provide unitholders with consistent and growing distributions and is Australia's leading daily needs REIT with total assets of approximately $4.9bn spanning approximately 2.5 million square metres of land in Australia's leading metropolitan growth corridors.