ARENA REIT (ASX:ARF) Announces Quarterly Dividend Distribution
Dividend Announcement
ARENA REIT has declared a quarterly dividend of AUD 0.045625 per unit, payable to holders of fully paid ordinary units. This dividend relates to the financial period ending December 31, 2024.
Important Dates
The ex-dividend date is set for December 30, 2024, while the record date for eligibility is December 31, 2024. Shareholders will receive the dividend payment on February 6, 2025. Additionally, the Dividend Reinvestment Plan (DRP) election date is January 2, 2025, at 5:00 PM.
Dividend Reinvestment Plan
ARENA REIT offers a full DRP for the dividend. The discount rate for the DRP is set at 1.5%, and the reinvestment price will be based on the volume-weighted average market price of ARF securities over a ten-day trading period, less the discount.
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 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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