Dalrymple Bay Infrastructure Limited (ASX:DBI) Announces Q3-24 Distribution

Distribution Details

Dalrymple Bay Infrastructure Limited (ASX:DBI) has announced a distribution of 5.625 cents per stapled security (cps) for Q3-24. This brings the total announced distributions for FY-24 to 16.38 cps. The latest distribution aligns with the Company’s guidance of 22.5 cps for the financial year 2024/25, indicating a yield of 6.7%.

Payment Schedule

The record date for the Q3-24 distribution is set for 4 December 2024, with a payment date scheduled for 20 December 2024. The distribution comprises a fully franked dividend of 3.8551 cps and a partial repayment of the Loan Notes of 1.7699 cps.

Executive Comments

Craig Sainsbury, the Company’s spokesperson, emphasised, “We are pleased to maintain our distribution guidance, reflecting our commitment to deliver stable cash flows to our security holders.” Further tax information concerning the distribution is available on DBI’s investor website.

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