"REITs are required by law to distribute at least 90% of their taxable income to shareholders through dividends ..."
https://www.finexia.com.au/blog/real-estate-investment-trust-australiaI haven't read the HCW constitution in relation to requirements to pay distributions, but i'm assuming it is at the minimum 90% payout as quoted above.
I agree with Lachinators previous statement that, the suspension of the distribution was prudent capital management in light of current uncertainty.
Now that future rental income is known up to September and the imminent EOFY, is a distribution announcement coming soon to close out the EOFY?
(20min delay)