Centuria Industrial REIT (ASX:CIP) Declares December 2024 Distribution
Distribution Declaration
Centuria Industrial REIT (ASX: CIP) has confirmed a distribution of 4.075 cents per unit for the quarter ending 31 December 2024. This announcement positions CIP as a reliable income source for investors, reflecting its strong operational performance in the industrial real estate sector.
Distribution Reinvestment Plan
The Distribution Reinvestment Plan (DRP) will remain suspended for the December 2024 quarter. This decision allows investors to receive cash distributions without the option to reinvest in additional units at this time.
Key Dates
The key dates associated with the December 2024 distribution are as follows: the ex-distribution date is set for Monday, 30 December 2024, the record date on Tuesday, 31 December 2024, and the indicative distribution payment date is Friday, 31 January 2025.
Management Comments
Anna Kovarik, Company Secretary, authorized this important release, underscoring the REIT’s commitment to provide transparent communication to its investors regarding distributions and future outlook.
Motley Fool contributor Abbie Stokes 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 no position in any of the stocks mentioned. 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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