RURAL FUNDS GROUP (ASX:RFF) Announces Dividend Distribution
Dividend Distribution Details
RURAL FUNDS GROUP (ASX:RFF) has declared a quarterly dividend distribution of AUD 0.02932500 per fully paid unit stapled security. The ex-date for this distribution is set for 30 December 2024, with a record date of 31 December 2024. Payment to securityholders will be made on 31 January 2025.
Dividend Reinvestment Plan
The Group will offer a Dividend Reinvestment Plan (DRP) for this dividend, with an election date for participation by securityholders on 2 January 2025. The DRP will include a discount rate of 1.5%, with reinvestment calculations based on the volume-weighted average price of units traded on the ASX during the 20 trading days leading up to the record date.
Executive Comments
James Powell, General Manager – Investor Relations, Corporate Affairs & Sustainability, stated, “We continue to provide consistent returns for our securityholders, reflecting our commitment to sustainable growth and reliable distributions.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Rural Funds Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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