Brief: Stockland Corp Says FY24 Pre-Tax FFO Per Security Guidance Set At 34.5 To 35.5 AU Cents
Aug 24 (Reuters) - Stockland Corporation Ltd SGP.AX :
* FY24 PRE-TAX FFO PER SECURITY GUIDANCE SET AT 34.5 TO 35.5
AU
CENTS
* ENTER FY24 IN A VERY STRONG BALANCE SHEET POSITION
* DISTRIBUTION PER SECURITY IS EXPECTED TO BE WITHIN
STOCKLAND'S
TARGETED PAYOUT RATIO OF 75 TO 85% OF POST-TAX FFO FOR FY24
Source text for Eikon: ID:nASXcd1XFl
Further company coverage: SGP.AX
((Reuters.Briefs@thomsonreuters.com;))
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