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Growthpoint Properties Australia Announces Half-Year Distribution for Foreign Residents

Story Highlights
  • Growthpoint Properties Australia announced a distribution of 11.2 cents per stapled security.
  • The distribution includes a ‘fund payment’ amount of 13.6049 cents, impacting foreign residents.
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Growthpoint Properties Australia Announces Half-Year Distribution for Foreign Residents

Growthpoint Properties Australia ( (AU:GOZ) ) has provided an announcement.

Growthpoint Properties Australia announced a distribution of 11.2 cents per stapled security for the half-year ending December 31, 2024, to be paid to eligible foreign resident securityholders on February 28, 2025. This distribution includes a ‘fund payment’ amount of 13.6049 cents per stapled security, with specific tax components outlined for foreign residents. This announcement reflects Growthpoint’s ongoing financial operations and provides insights into its tax distribution strategy, impacting foreign resident stakeholders.

More about Growthpoint Properties Australia

Growthpoint Properties Australia is a real estate investment trust (REIT) listed on the ASX and part of the S&P/ASX 300. The company invests in high-quality Australian real estate, directly owning modern office and industrial properties, and managing office, industrial, logistics, and retail assets for third-party investors. Growthpoint is committed to sustainability and aims to achieve its Net Zero Target by July 2025.

YTD Price Performance: 2.94%

Average Trading Volume: 507,873

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.85B

For detailed information about GOZ stock, go to TipRanks’ Stock Analysis page.

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