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RAM Essential Services Announces December 2024 Quarter Distribution
Company Announcements

RAM Essential Services Announces December 2024 Quarter Distribution

Story Highlights
  • RAM Essential Services Property Fund delivers a diversified portfolio of medical and retail properties.
  • The company declared a December 2024 quarter distribution of 1.2500 cents per security.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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RAM Essential Services Property Fund ( (AU:REP) ) has provided an announcement.

RAM Essential Services Property Fund has announced the December 2024 quarter distribution for its trusts, RAM Australia Retail Property Fund and RAM Australia Medical Property Fund. This announcement, primarily for custodians and intermediary investors, details the withholding managed investment trust status for tax purposes and the estimated distribution components, totaling 1.2500 cents per stapled security. This distribution reflects the company’s strategy to deliver stable and secure income to its stakeholders while navigating favorable sector trends.

More about RAM Essential Services Property Fund

RAM Essential Services Property Fund (REP) is a stapled real estate investment trust listed on the ASX, consisting of RAM Australia Retail Property Fund and RAM Australia Medical Property Fund. It holds a diversified and defensive portfolio of medical and essential retail-based properties, supported by high-quality tenants like leading national supermarkets and private hospital operators. REP aims to provide stable income and capital growth opportunities through its high-quality asset portfolio and development potential.

YTD Price Performance: -0.83%

Average Trading Volume: 407,564

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$300.2M

See more data about REP stock on TipRanks’ Stock Analysis page.

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