Stride Property Group – FY17 Third Quarter Dividends

Stride Property Group – FY17 Third Quarter Dividends

NZX Announcement IMMEDIATE — 24/02/2017

 

Stride Property Group – FY17 Third Quarter Dividends

 

Stride Property Limited (Stride) – FY17 Third Quarter Dividend

Stride announces a cash dividend for the third quarter (1 October 2016 to 31 December 2016) of the financial year ending 31 March 2017 (FY17) of 2.02 cents per share to be paid on 20 March 2017 to all shareholders on the register at the close of business on 13 March 2017.

This dividend will carry imputation credits of 0.6377 cents per share. A supplementary dividend of 0.2893 cents per share will be paid to non-resident shareholders.

Stride Investment Management Limited (SIML) – FY17 Third Quarter Dividend

SIML announces a cash dividend for the third quarter (1 October 2016 to 31 December 2016) of FY17 of 0.39 cents per share to be paid on 20 March 2017 to all shareholders on the register at the close of business on 13 March 2017.

This dividend will carry imputation credits of 0.1517 cents per share. A supplementary dividend of 0.0688 cents per share will be paid to non-resident shareholders.

Stride Property Group confirms that, consistent with previous guidance, it is targeting a combined annual cash dividend for FY17 of 9.96  cents per share.

The Dividend Reinvestment Plan remains suspended for the FY17 third quarter dividends.
 


Attachments provided to NZX:


 
For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 – Email: tim.storey@strideproperty.co.nz

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
DDI: 09 913 1150 – Mobile: 021 536 406 – Email: jennifer.whooley@strideproperty.co.nz

Philip Littlewood, General Manager Investment Management, Stride Investment Management Limited
DDI: 09 913 1122 – Mobile: 021 230 3026 – Email: philip.littlewood@strideproperty.co.nz

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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