Stride Property Group – FY18 Third Quarter Dividends

Stride Property Group – FY18 Third Quarter Dividends

NZX Announcement IMMEDIATE — 26 February 2018

 

Stride Property Group – FY18 Third Quarter Dividends

 

Stride Property Limited (Stride) – FY18 Third Quarter

Stride announces a cash dividend for the third quarter (1 October 2017 to 31 December 2017) of the financial year ending 31 March 2018 (FY18) of 2.07 cents per share to be paid on 22 March 2018 to all shareholders on the register at the close of business on 14 March 2018.

This dividend will carry imputation credits of 0.2620 cents per share. A supplementary dividend of 0.1189 cents per share will be paid to non-resident shareholders.

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

SIML announces a cash dividend for the third quarter (1 October 2017 to 31 December 2017) of FY18 of 0.41 cents per share to be paid on 22 March 2018 to all shareholders on the register at the close of business on 14 March 2018.

This dividend will carry imputation credits of 0.1594 cents per share. A supplementary dividend of 0.0724 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 third quarter dividends.

 


Attachments provided to NZX:

Stride Property Limited – NZX Appendix 7 – 260218
Stride Investment Management Limited – NZX Appendix 7 – 260218

 
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

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited
DDI: 09 976 0352 – Mobile: 0275 580 033 – Email: louise.hill@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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