Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
PARKWAY TRUST MANAGEMENT LIMITED
Security
PARKWAYLIFE REIT - SG1V52937132 - C2PU

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
24-Oct-2024 00:13:40
Status
New
Corporate Action Reference
SG241024DVCA4WDN
Submitted By (Co./ Ind. Name)
Yong Yean Chau
Designation
Directors/Chief Executive Officer
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Interim
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.008
Dividend/ Distribution Period
01/07/2024 TO 31/10/2024
Number of Days
123

Event Narrative

Narrative Type
Narrative Text
Narrative versionThe Advanced Distribution is estimated to be between 4.80 Singapore cents and 5.20 Singapore cents per Unit, which based on the mid-point of the estimated Advanced Distribution range of 5.0 Singapore cents per Unit comprises: (i) taxable income component of 3.44 Singapore cents per Unit, (ii) tax-exempt income component of 0.80 Singapore cents per Unit and (iii) capital component of 0.76 Singapore cents per Unit.
Taxation ConditionsThe tax-exempt income component of the distribution is exempt from tax in the hands of all unitholders. No tax will be deducted at source from this component.
Additional TextA further announcement on the actual quantum of the Advanced Distribution per Unit (which may differ from the estimate above) will be made by the Manager in due course. Please refer to the attachment for details.

Event Dates

Record Date
30/10/2024
Ex Date
29/10/2024

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
SGD 0.008
Net Rate (Per Share)
SGD 0.008
Pay Date
26/11/2024
Gross Rate Status
Indicative Rate

Attachments

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Applicable for REITs/ Business Trusts/ Stapled Securities