Stride Property Group – FY18 First Quarter Dividends

Stride Property Group – FY18 First Quarter Dividends

NZX Announcement IMMEDIATE — 06 September 2017

 

Stride Property Group – FY18 First Quarter Dividends

 

Stride Property Limited (Stride) – FY18 First Quarter Dividend

Stride announces a cash dividend for the first quarter (1 April 2017 to 30 June 2017) of the financial year ending 31 March 2018 (FY18) of 2.07 cents per share to be paid on 29 September 2017 to all shareholders on the register at the close of business on 21 September 2017.

This dividend will carry imputation credits of 0.4770 cents per share. A supplementary dividend of 0.2165 cents per share will be paid to non-resident shareholders.

Stride Investment Management Limited (SIML) – FY18 First Quarter Dividend

SIML announces a cash dividend for the first quarter (1 April 2017 to 30 June 2017) of FY18 of 0.41 cents per share to be paid on 29 September 2017 to all shareholders on the register at the close of business on 21 September 2017.

This dividend will carry imputation credits of 0.1260 cents per share. A supplementary dividend of 0.0572 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 FY18 of 9.91 cents per share.

The Dividend Reinvestment Plan remains suspended for the FY18 first 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

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
DDI: 09 913 1122 – Mobile: 021 230 3026 – Email: philip.littlewood@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

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.

Results of the Annual Meetings of Shareholders 2017
Notice of Annual Meetings and Proxy Voting Form