Company News Summary
Arena REIT Announces Quarterly Distribution
23 Mar 2022 | 08:58:00 | Associate analysts | Increase | Decrease |
Original announcement: Quarterly distribution
Arena REIT announced a distribution for the quarter ending 31 March 2022 of 4.05 cents per stapled security. The distribution is in line with the upgrade to FY 2022 distribution guidance announced to the ASX on 11 February 2022. Its Dividend and DRP will operate in respect of this distribution. Securityholders participating in the DRP will be issued new securities priced at a 1.5% discount to the 10-day volume weighted average trading price during the Pricing Period. The record date is 31 March 2022 and payment date is 5 May 2022.
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