This article is from the Australian Property Journal archive
LISTED pub investor ALE Property Group has delivered on its expected distribution of 15.00 cents per stapled security for the six months ended December 31.
The distribution is in line with the board’s expectation of at least 30.00 cents per security for the full year ending June 30 2009.
ALE said the free cash flow available for the half-year is expected to exceed the expected distribution and the entire distribution is funded from free cash flow.
Australian Property Journal
