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
08-Feb-2021 07:06:59
Status
New
Corporate Action Reference
SG210208DVCAYQJ9
Submitted By (Co./ Ind. Name)
Jill Smith
Designation
Chief Executive Officer
Dividend/ Distribution Number
Applicable
Value
11
Dividend/ Distribution Type
Final
Financial Year End
31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0215
Dividend/ Distribution Period
01/07/2020 TO 31/12/2020
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextManulife US REIT has announced the distribution of 2.59 cents (USD) per unit for the period from 1 July 2020 to 31 December 2020 which comprises two components:
(a) distribution out of tax-exempt income of 2.15 cent (USD); and
(b) distribution out of capital of 0.44 cent (USD).

Please refer to attachment.
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 30% withholding taxes on the Distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Tuesday, 9 March 2021.
Taxation ConditionsTo ensure the forms can be validated by Tuesday, 9 March 2021, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Tuesday, 2 March 2021.

Event Dates

Record Date and Time
17/02/2021 17:00:00
Ex Date
16/02/2021

Option 1-Cash Payment Details

Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0215
Net Rate (Per Share)
USD 0.0215
Pay Date
30/03/2021
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 0.0215
Net Rate (Per Share)
USD 0.0215
Pay Date
30/03/2021
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Related Announcements

25/03/2021 18:00:52

Applicable for REITs/ Business Trusts/ Stapled Securities