Charter Hall Long WALE REIT Declares Quarterly Distribution for September 2024
CHARTER HALL LONG WALE REIT (CLW) Share Update September 2024 Wednesday 18th
Charter Hall Long WALE REIT Announces Quarterly Distribution
Charter Hall Long WALE REIT (ASX: CLW) has announced a quarterly distribution for its fully paid units stapled securities, amounting to AUD 0.0625 per unit, payable on 14 November 2024.
Instant Summary:
- Quarterly distribution of AUD 0.0625 per unit.
- Ex Date: 27 September 2024.
- Record Date: 30 September 2024.
- Payment Date: 14 November 2024.
- Distribution is unfranked.
Distribution Announcement
Charter Hall Long WALE REIT (ASX: CLW) has declared a quarterly distribution for its fully paid units stapled securities. The distribution amount is AUD 0.0625 per unit and will be paid on 14 November 2024. The ex-date for this distribution is 27 September 2024, and the record date is 30 September 2024.
The distribution relates to the financial reporting period ending on 30 September 2024. This announcement was made on 19 September 2024 and is classified as a new announcement under the ASX issuer code CLW.
Details of the Distribution
The distribution amount per security is AUD 0.0625, and it is unfranked. This means that the distribution is not subject to Australian corporate tax credits. The distribution will be paid in Australian Dollars (AUD), and no additional approvals are required for this distribution.
Charter Hall Long WALE REIT has a Dividend/Distribution Reinvestment Plan (DRP), but it is not applicable to this specific distribution. The distribution does not include any conduit foreign income amount, and the entire amount is unfranked.
This distribution announcement is likely to have a positive impact on Charter Hall Long WALE REIT's stock price as it demonstrates the company's commitment to returning value to its investors. Regular distributions can enhance investor confidence and attract income-focused investors.
Investor Reaction:
Analysts are expected to react positively to this announcement, as it indicates steady cash flow and financial stability. The unfranked nature of the distribution may have a neutral effect on some investors, but the overall sentiment is likely to be positive.
Conclusion:
Investors should take note of the key dates related to this distribution and consider the potential impact on their portfolios. Charter Hall Long WALE REIT's consistent distribution policy may make it an attractive option for those seeking regular income from their investments.