Scentre Group Distribution Policy Investors in the Scentre Group will receive distributions from each component of the Stapled Security comprising dividends from Scentre Group Limited as well as distributions from Scentre Group Trust 1, Scentre Group Trust 2 and Scentre Group Trust 3. These combined distributions will be paid to investor's half-yearly no later than two months after the end of each half-year. Scentre Group's proposed distribution policy will be to pay out up to 100% of FFO. The policy allows for retention to fund capital expenditure requirements as determined from time to time by the Scentre Group Board, and is subject to review by the Scentre Group Board at its discretion, including in relation to general business and financial conditions. For the 12 months ending 31 December 2019, the forecast distribution is 22.60 cents per security. August 2020 Distribution The Group has determined to not pay an interim distribution for the Half Year period ending 30 June 2020. To read the ASX announcement please click here.
Scentre Group's proposed distribution policy will be to pay out up to 100% of FFO. The policy allows for retention to fund capital expenditure requirements as determined from time to time by the Scentre Group Board, and is subject to review by the Scentre Group Board at its discretion, including in relation to general business and financial conditions. For the 12 months ending 31 December 2019, the forecast distribution is 22.60 cents per security. August 2020 Distribution The Group has determined to not pay an interim distribution for the Half Year period ending 30 June 2020. To read the ASX announcement please click here.