Stockland today announced an estimated distribution for the six months to 31 December 2018 of 13.5 cents per Ordinary Stapled Security. This estimated distribution at the half year reflects Stockland’s previous guidance that its full year distribution payment for FY19 is forecast to be 27.6 cents per Ordinary Stapled Security, assuming no material change in market conditions.
The Record Date for determining entitlement to the half year distribution is Monday 31 December 2018. The distribution payment will be made on Thursday 28 February 2019.
The announcement of Stockland’s half year financial results and lodgement of Appendix 4D will be made on Wednesday 20 February 2019. This announcement will include details of the actual distribution for the six months to 31 December 2018.