Stockland announces 2H25 Estimated Distribution and DRP

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Stock Stockland (SGP.ASX)
Release Time 23 Jun 2025, 8:31 a.m.
Price Sensitive Yes
 Stockland announces 2H25 estimated distribution and DRP
Key Points
  • Estimated distribution of 17.2 cents per Ordinary Stapled Security for 2H25
  • Full year distribution of 25.2 cents per Ordinary Stapled Security, in line with guidance
  • Distribution Reinvestment Plan (DRP) will be in operation with a 1.0% discount
Full Summary

Stockland (ASX:SGP) has announced an estimated distribution for the six months to 30 June 2025 (2H25) of 17.2 cents per Ordinary Stapled Security. This equates to a full year distribution payment of 25.2 cents per Ordinary Stapled Security, in line with guidance previously issued by Stockland. The Record Date for determining entitlement to the 2H25 distribution is Monday 30 June 2025, and the distribution payment will be made on Friday 29 August 2025. Stockland's full year financial results and lodgement of Appendix 4E will be made on Wednesday 20 August 2025, which will include details of the actual distribution for the six months to 30 June 2025. The Distribution Reinvestment Plan (DRP) will be in operation for this distribution period, with participating securityholders receiving a discount of 1.0 percent on the Ordinary Stapled Securities acquired under the DRP. The DRP Acquisition Price will be determined by the average of the daily volume weighted averages of the selling price of Stockland Stapled Securities, over a 15-day trading period immediately preceding and including 21 July 2025. Securityholders are required to nominate their election to participate in the DRP by 5:00pm (AEST) on 31 July 2025.