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

Advertisement

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).

The REIT gives its dividend on a semi-annual basis (unlike many others who are quarterly). Their financial year ends on 31 December of this year; based on this, the financial statement should be released in February 2020 and you shoudl be receviing the dividends about 1-2 months after the financial statement announcements

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...

Read 1 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Sign up or login with an email here

Write your thoughts

Advertisement