Stockland's 1H25 estimated distribution details

Stockland (ASX:SGP) has announced an estimated distribution of 8.0 cents per Ordinary Stapled Security for the six months ending 31 December 2024. The Record Date for entitlement is 31 December 2024, with payment scheduled for 28 February 2025. Full details will be provided on 19 February 2025 with the 1H25 financial results.

Summary and outlook for Stockland's distribution strategy

Stockland has outlined its estimated distribution for the first half of the 2025 financial year at 8.0 cents per Ordinary Stapled Security. The company has set the Record Date for distribution entitlement as 31 December 2024, with payment to follow on 28 February 2025. Investors will receive final distribution details alongside the 1H25 financial results on 19 February 2025. Stockland's Distribution Reinvestment Plan offers securityholders a chance to reinvest at a 1.0% discount, with participation needing to be elected by 31 January 2025. As a leading property group in Australia, Stockland continues to emphasize its commitment to fostering home ownership and developing connected communities, aiming to provide both social and economic value.

Executive commentary on 1H25 distribution

The Distribution Reinvestment Plan (DRP) will be active during this period, allowing securityholders to reinvest their distributions into additional securities at a 1.0% discount. Securityholders must elect by 31 January 2025 to participate.