This article is from the Australian Property Journal archive
GROWTHPOINT Properties Australia is forecasting an FY17 distributable profit of at least 22 cents per stapled security.
Managing director Timothy Collyer said subject to current market conditions continuing, the FY17 estimated distribution is forecast to be 21.3 cents per stapled security; a 3.9% increase from FY16.
This annual distribution is expected to be paid through the distribution of 11.0 cents per stapled security in February 2017 and the distribution of 11.3 cents per stapled security in August 2017.
Australian Property Journal
