Stockland forecasts drop in dividend
June 17, 2010
Stockland (SGP) announced an estimated dividend for the six months to 30 June 2010 of 10.8c per share. The property development company said this equates to a full-year dividend of 21.6c per share.
Stockland paid out a dividend of 17c in the second half of last year and a full year dividend of 34c.
The group said the record date for determining entitlement to the dividend is 30 June 2010, while the dividend payment would be made on 31 August 2010.
Stockland said the full year financial results would be announced on 11 August 2010.
As at 1052 AEST, Stockland shares were up 2c to $4.04.
Stockland paid out a dividend of 17c in the second half of last year and a full year dividend of 34c.
The group said the record date for determining entitlement to the dividend is 30 June 2010, while the dividend payment would be made on 31 August 2010.
Stockland said the full year financial results would be announced on 11 August 2010.
As at 1052 AEST, Stockland shares were up 2c to $4.04.
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