facebookWhen is the first dividend payout of Lendlease Global Commercial REIT? - Seedly

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Anonymous

09 Dec 2019

General Investing

When is the first dividend payout of Lendlease Global Commercial REIT?

When will i get my payout? anyone with experience investing with them?

Discussion (5)

What are your thoughts?

Bjorn Ng

Bjorn Ng

09 Dec 2019

Level 13·Business Analyst at 10x Capital

Hey there,

Usually you can take reference from their financial year date, in this case it would be 31 Dec 2019. After that, results will typically release 2 months after, and dividend payout will be about 1 month later. You should expect your first payout in March 2020 (projected distribution yield of 5.8% in FY2020 and 6.0% in FY2021).

Elijah Lee

Elijah Lee

07 Dec 2019

Level 18·Independent Financial Advisor at Phillip Securities (Jurong East)

Hi anon,

Lendlease Global REIT’s First Distribution will be for the period from the Listing Date to 31 December 2019 and will be paid by the Manager on or before 31 March 2020. The REIT will pay semi annually.

View 2 replies

The REIT gives its dividend on a semi-annual basis (unlike many others who are quarterly). Their fin...

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