Estimated distribution for half year ending 31 December 2024
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| Stock | Dexus (DXS.ASX) |
|---|---|
| Release Time | 18 Dec 2024, 11:32 a.m. |
| Price Sensitive | Yes |
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Dexus announces estimated distribution for H1 FY2025
Key Points
- Estimated distribution of 19.0 cents per security for H1 FY2025
- Distribution to be paid from Dexus Property Trust
- Distribution policy updated to pay out 80-100% of Adjusted Funds From Operations (AFFO)
Full Summary
Dexus (ASX: DXS) has announced an estimated distribution of 19.0 cents per security (cps) for the six months to 31 December 2024. The estimated distribution reflects the updated distribution policy announced on 20 August 2024 to pay out 80% to 100% of Adjusted Funds From Operations (AFFO). The distribution will be paid from Dexus Property Trust. The proposed payment details are: Distribution of 19.0 cps, Record date of 31 December 2024, Securities trade ex-distribution on 30 December 2024, and Payment date of 28 February 2025. Dexus's half year financial results will be announced on Tuesday, 18 February 2025, which will include details of the actual distribution for the six months to 31 December 2024.
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