Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
ASCOTT RESIDENCE TRUST MANAGEMENT LIMITED
Security
ASCOTT RESIDENCE TRUST - SGXC16332337 - HMN

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
15-Aug-2022 07:37:53
Status
New
Corporate Action Reference
SG220815DVCA8XZH
Submitted By (Co./ Ind. Name)
Karen Chan
Designation
Company Secretary, Ascott Residence Trust Management Limited
Dividend/ Distribution Number
Not Applicable
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.00131
Dividend/ Distribution Period
01/07/2022 TO 23/08/2022
Number of Days
54

Event Narrative

Narrative Type
Narrative Text
Additional TextAscott Residence Trust's ("ART") distribution of 1.052 Singapore cents per Stapled Security (estimated) in ART stock counter for the period from 1 July 2022 to 23 August 2022 comprising:
Additional Text(1) taxable income distribution of 0.1310 Singapore cents per Stapled Security;
(2) tax-exempt income component of 0.3360 Singapore cents per Stapled Security; and
(3) capital component of 0.5850 Singapore cents per Stapled Security.
Taxation ConditionsTax will be deducted at source from the taxable income component in certain circumstances.
Additional TextA further announcement on the actual quantum of the distribution per Stapled Security (which may differ from the estimated above) under the Advanced Distribution will be made by the Managers in due course.

Please refer to the attachment for details.

Event Dates

Record Date and Time
23/08/2022 17:00:00
Ex Date
22/08/2022

Dividend Details

Payment Type
Payment Rate in Net
Taxable
Yes
Gross Rate (Per Share)
SGD 0.00131
Net Rate (Per Share)
SGD 0.00131
Pay Date
18/10/2022
Gross Rate Status
Indicative Rate

Attachments

Related Announcements

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07/10/2022 17:22:40

Applicable for REITs/ Business Trusts/ Stapled Securities