Stride Stapled : FY21 First Quarter Dividend

Posted at 10:00h
in Uncategorizedby Luke Jenkins

NZX Announcement Immediate - 28 August 2020

Stride Property Group - FY21 First Quarter Dividends

Stride Property Group confirms that, consistent with previous guidance, it is targeting a combined annual cash dividend for the financial year ending 31 March 2021 (FY21) of 9.91 cents per share, assuming no further deterioration in economic conditions due to COVID-19.

The Dividend Reinvestment Plan remains suspended for the FY21 first quarter dividends.

Stride Property Limited (SPL) - FY21 First Quarter Dividend

SPL announces a cash dividend for the first quarter (1 April 2020 to 30 June 2020) of FY21 of 1.9275 cents per share to be paid on 14 September 2020 to all shareholders on the register at the close of business on 7 September 2020.

This dividend will carry imputation credits of 0.265816 cents per share. A supplementary dividend of 0.120623 cents per share will be paid to non-resident shareholders.

Stride Investment Management Limited (SIML) - FY21 First Quarter Dividend

SIML announces a cash dividend for the first quarter (1 April 2020 to 30 June 2020) of FY21 of 0.5500 cents per share to be paid on 14 September 2020 to all shareholders on the register at the close of business on 7 September 2020.

This dividend will carry imputation credits of 0.213889 cents per share. A supplementary dividend of 0.097059 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: [phone] - Email: [e-mail]

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
Mobile: [phone] - Email: [e-mail]

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
Mobile: [phone] - Email: [e-mail]

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited
Mobile: [phone] - Email: [e-mail]

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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