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Carindale Property Trust Announces Distribution for H2 2024

Story Highlights
  • Carindale Property Trust declares a 14.230 cents per unit distribution for H2 2024.
  • The distribution excludes non-concessional MIT income and clean building trust payments.
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Carindale Property Trust Announces Distribution for H2 2024

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The latest update is out from Carindale Property Trust ( (AU:CDP) ).

Carindale Property Trust has announced a distribution of 14.230 cents per unit for the six months ending 31 December 2024, with payment scheduled for 28 February 2025. This announcement, which pertains to the income year ending 30 June 2025, outlines the components of the distribution, including fund payment, Australian interest income, and fully franked dividend income. The distribution excludes non-concessional MIT income and clean building managed investment trust payments, and Australian residents are advised to await the annual tax statement for complete details.

More about Carindale Property Trust

Carindale Property Trust operates within the real estate investment sector, focusing on property management and investment. The company is known for its involvement in managing and investing in retail properties, catering to a diverse market of investors and stakeholders.

YTD Price Performance: 3.65%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €231.2M

See more insights into CDP stock on TipRanks’ Stock Analysis page.

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