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SGP Stockland News Story

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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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