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Stockland Corp Says FY24 Distribution Per Security Expected To Be Within Targeted Payout Ratio Range

SGP

Stockland Corporation Ltd SGP:

  • FY24 DISTRIBUTION PER SECURITY EXPECTED TO BE WITHIN TARGETED PAYOUT RATIO RANGE OF 75% TO 85% OF POST-TAX FFO ON FY BASIS

  • GEARING AT 30 JUNE EXPECTED TO REMAIN WITHIN TOP HALF OF 20-30% TARGET RANGE

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