Arena REIT (ASX:ARF) has announced a quarterly distribution of 4.5625 cents per stapled security for the quarter ending 30 September 2024. The distribution aligns with the FY25 distribution guidance previously disclosed to the ASX on 23 July 2024. Securityholders can participate in the Dividend and Distribution Reinvestment Plan (DRP) and will be issued new securities at a 1.5% discount to the 10-day volume weighted average trading price during the Pricing Period.
The quarterly distribution of 4.5625 cents per security reflects our commitment to delivering consistent returns to our securityholders. The alignment with our FY25 distribution guidance demonstrates our focus on providing transparent and reliable financial information. The Dividend and Distribution Reinvestment Plan (DRP) offers an opportunity for securityholders to reinvest and benefit from the discount to the trading price, further enhancing the value proposition for our investors.
Arena REIT (ASX:ARF) has announced a quarterly distribution of 4.5625 cents per stapled security, in line with the FY25 distribution guidance. The Dividend and Distribution Reinvestment Plan (DRP) details have been disclosed, allowing securityholders to participate and receive new securities at a 1.5% discount to the 10-day volume weighted average trading price. This announcement reaffirms Arena REIT's commitment to providing consistent returns to its securityholders and offering opportunities for reinvestment. The company's focus on social infrastructure properties leased to a diversified tenant base in the early learning and healthcare sectors positions it for continued growth and stability in line with its corporate strategy.