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- Release Date: 04/09/12 16:57
- Summary: DIVIDEND: GMT: GMT First Quarter Distribution
- Price Sensitive: No
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GMT
04/09/2012 14:57
DIVIDEND
REL: 1457 HRS Goodman Property Trust
DIVIDEND: GMT: GMT First Quarter Distribution
Goodman Property Trust is pleased to announce the payment of its first
quarter distribution for the year ending 31 March 2013.
The record date for the distribution is 19 September 2012 with payment to be
made on 27 September 2012. Unitholders will receive a cash distribution of
1.5625 cents per unit with an additional 0.1885 cents per unit in imputation
credits.
With current gearing at the bottom of the Board's targeted band of 35-40% the
distribution reinvestment plan ("DRP") has been suspended.
Goodman (NZ) Limited's Chief Financial Officer, Andy Eakin, said, "Recent and
pending sales provide sufficient funding capacity that means the DRP is not
currently required. Its reinstatement will be reviewed in subsequent periods
as capital commitments require."
For further information, please contact:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316
Attachments: Appendix 7
End CA:00226896 For:GMT Type:DIVIDEND Time:2012-09-04 14:57:46
