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Reef Casino Trust Announces Distribution for Second Half of 2024

Story Highlights
  • Reef Casino Trust will distribute 11.71 cents per unit for the second half of 2024.
  • The distribution includes various income components, but not a ‘Fund Payment’ classification.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reef Casino Trust Announces Distribution for Second Half of 2024

An update from Reef Casino ( (AU:RCT) ) is now available.

Reef Casino Trust announced a distribution rate of 11.71 cents per unit for the six months ended 31 December 2024, to be paid to unitholders on 12 March 2025. The distribution includes interest income, other income, and tax-deferred amounts, with specific components subject to non-resident withholding tax. This announcement provides financial details relevant to unitholders but does not qualify as a ‘Fund Payment’ under the Taxation Administration Act 1953.

More about Reef Casino

Reef Casino Trust operates in the entertainment and hospitality industry, focusing on providing casino and gaming services. It is managed by Reef Corporate Services Limited and is listed on the Australian Securities Exchange.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $86.45M

For a thorough assessment of RCT stock, go to TipRanks’ Stock Analysis page.

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