Listed on 2 October 2019, Lendlease Global Commercial REIT (LREIT) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes. Its initial portfolio comprises a leasehold interest in, 313@somerset, a retail property located in Singapore and a freehold interest in Sky Complex, which comprises three office buildings located in Milan. The portfolio has a total net lettable area of approximately 1.3 million square feet, with an appraised value of S$1.4 billion as at 30 June 2020. LREIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of Lendlease. Its key objectives are to provide Unitholders with regular and stable distributions, achieve long-term growth in distribution per unit and net asset value per unit, and maintain an appropriate capital structure.
Lendlease Global Commercial REIT Dividend Announcement
• Lendlease Global Commercial REIT announced a semi annually dividend of S$0.02 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-13
• Lendlease Global Commercial REIT annual dividend for 2024 was S$0.04
• Lendlease Global Commercial REIT annual dividend for 2023 was S$0.05
• Lendlease Global Commercial REIT's trailing twelve-month (TTM) dividend yield is 6.5%
• Lendlease Global Commercial REIT's payout ratio for the trailing twelve months (TTM) is 166.28%
Lendlease Global Commercial REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-13 | S$0.02 | semi annually | 2024-09-26 |
2024-02-08 | S$0.02 | semi annually | |
2023-08-15 | S$0.02 | semi annually | 2023-09-28 |
2023-02-14 | S$0.02 | semi annually | 2023-03-30 |
2022-08-17 | S$0.01 | semi annually | 2022-09-14 |
2022-03-29 | S$0.01 | semi annually | 2022-04-27 |
2022-02-14 | S$0.02 | semi annually | 2022-03-14 |
2021-08-17 | S$0.02 | semi annually | 2021-09-14 |
2021-02-18 | S$0.02 | semi annually | 2021-03-17 |
2020-08-18 | S$0.02 | semi annually | 2020-09-15 |
2020-02-17 | S$0.01 | semi annually | 2020-03-16 |
Lendlease Global Commercial REIT Dividend per year
Lendlease Global Commercial REIT Dividend growth
Lendlease Global Commercial REIT Dividend Yield
Lendlease Global Commercial REIT current trailing twelve-month (TTM) dividend yield is 6.5%. Interested in purchasing Lendlease Global Commercial REIT stock? Use our calculator to estimate your expected dividend yield:
Lendlease Global Commercial REIT Financial Ratios
Lendlease Global Commercial REIT Dividend FAQ
Other factors to consider when evaluating Lendlease Global Commercial REIT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lendlease Global Commercial REIT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lendlease Global Commercial REIT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lendlease Global Commercial REIT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lendlease Global Commercial REIT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lendlease Global Commercial REIT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lendlease Global Commercial REIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lendlease Global Commercial REIT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lendlease Global Commercial REIT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lendlease Global Commercial REIT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.