BRIEF-Arrowhead Properties Says Dividend Guidance For Year Is Withdrawn

  • Reuters
  • Stock Market News
BRIEF-Arrowhead Properties Says Dividend Guidance For Year Is Withdrawn
Credit: © Reuters.

April 20 (Reuters) - Arrowhead Properties Ltd AHAJ.J :

* IMPACT OF COVID-19, DEFERRAL OF INTERIM DIVIDEND AND WITHDRAWAL OF GUIDANCE

* RESOLVED TO REVISE CURRENT DIVIDEND POLICY, WHICH IS TO PAY OUT 100% OF DISTRIBUTABLE INCOME, TO MORE SUSTAINABLE PAY-OUT RATIO

* DIVIDEND PER SHARE GUIDANCE FOR YEAR OF 117 CENTS PER A SHARE AND 66 CENTS PER B SHARE IS WITHDRAWN

* TO DEFER DECISION ON PAYMENT OF AN INTERIM DIVIDEND UNTIL RELEASE OF FINANCIAL RESULTS FOR YEAR ENDED 30 SEPTEMBER 2020

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100