Cash Dividend/ Distribution::Choice

Issuer & Securities

Issuer/ Manager
MANULIFE US REAL ESTATE MANAGEMENT PTE. LTD.
Security
MANULIFE US REIT - SG1CI1000004 - BTOU

Announcement Details

Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
09-Feb-2023 07:36:27
Status
New
Corporate Action Reference
SG230209DVCADEWX
Submitted By (Co./ Ind. Name)
William D. Gantt III
Designation
Chief Executive Officer
Dividend/ Distribution Number
Applicable
Value
16
Dividend/ Distribution Type
Final
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0214
Dividend/ Distribution Period
01/07/2022 TO 31/12/2022
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextManulife US REIT has announced the distribution of USD 2.14 cents per unit for the period from 1 July 2022 to 31 December 2022.

Please refer to the attached for details.
Taxation ConditionsThe tax-exempt income component is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component.
Taxation ConditionsUnitholders who do not submit required U.S. tax forms completely and accurately will be subject to an effective withholding tax of 30.710% on the tax-exempt income distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent.
Taxation ConditionsUnitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Wednesday, 1 March 2023.

Event Dates

Record Date and Time
17/02/2023 17:00:00
Ex Date
16/02/2023

Option 1-Cash Payment Details

Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0214
Net Rate (Per Share)
USD 0.0214
Pay Date
30/03/2023
Gross Rate Status
Actual Rate
Currency Pair
SGD/USD

Option 2-Cash Payment Details

Default Option
No
Option Currency
United States Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0214
Net Rate (Per Share)
USD 0.0214
Pay Date
30/03/2023
Gross Rate Status
Actual Rate

Attachments

Related Announcements

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27/03/2023 17:52:08

Applicable for REITs/ Business Trusts/ Stapled Securities