Brief: Stockland Corporation Upgrades FY25 Guidance
11/11/2024 01:08
Nov 11 (Reuters) - Stockland Corporation Ltd SGP.AX :
* UPGRADES FY25 GUIDANCE
* EXPECTS FY25 FFO PER SECURITY OF BETWEEN 33.0C AND 34.0C
AUD
* FY25 DISTRIBUTION PER SECURITY EXPECTED TO BE WITHIN
STOCKLAND'S
TARGETED PAYOUT RATIO RANGE OF 75% TO 85% OF FFO ON FY BASIS
Further company coverage: SGP.AX
Recent news on Stockland
See all newsAustralia's Stockland rises as Citi continues to see data centre upside
Citi says Stockland's FY27 outlook stays intact as data centre pipeline advances
Australia's Stockland Corporation slips on lower quarterly net sales
Citi sees upside for Australian real estate sector ahead of property conference
Australia's Stockland marks best day in over 6 years on upbeat forecast, annual profit