25 Aug FY22 First Quarter Dividends
Stride Property Group (Stride) confirms that, consistent with previous guidance, it is targeting a combined annual cash dividend for the financial year ending 31 March 2022 (FY22) of 9.91 cents per share, assuming no further deterioration in economic conditions due to COVID-19.
As previously advised, the Stride Boards confirm that they will continue to review dividend guidance if and when a new Product is established and will keep the market informed as appropriate.
The Dividend Reinvestment Plan remains suspended for the FY22 first quarter dividends.
Stride Property Limited (SPL) – FY22 First Quarter Dividend
SPL announces a cash dividend for the first quarter (1 April 2021 to 30 June 2021) of FY22 of 1.9345 cents per share to be paid on 9 September 2021 to all shareholders on the register at the close of business on 2 September 2021. This dividend will carry imputation credits of 0.290093 cents per share. A supplementary dividend of 0.131639 cents per share will be paid to non-resident shareholders.
Stride Investment Management Limited (SIML) – FY22 First Quarter Dividend
SIML announces a cash dividend for the first quarter (1 April 2021 to 30 June 2021) of FY22 of 0.5430 cents per share to be paid on 9 September 2021 to all shareholders on the register at the close of business on 2 September 2021. This dividend will carry imputation credits of 0.211167 cents per share. A supplementary dividend of 0.095824 cents per share will be paid to non-resident shareholders.
Attachments provided to NZX
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For further information please contact:
Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 – Email: [email protected]
Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
Mobile: 021 230 3026 – Email: [email protected]
Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
Mobile: 021 536 406 – Email: [email protected]
Louise Hill, General Manager Corporate Services, Stride Investment Management Limited
Mobile: 0275 580 033 – Email: [email protected]
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.