b34r : Sasseur Real Estate Investment Trust has announced a shift from quarterly to semi-annual distributions starting from FY2024, aiming to cut compliance costs and administrative resources. The first semi-annual distribution will cover the period ending June 30, 2024, and the company will maintain half-yearly financial reporting. Additionally, to minimize dilution of unitholder value, the management will accept a mix of cash and units as payment for management fees from FY2024.

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NIMOH : No. Next dividend likely in March next year. It changed from quarterly to half-yearly payouts.

101693310 : like that this year we only got three instead of four.

toomanyscammers NIMOH : but they increased the payout for each dividend? then still ok if they did

NIMOH toomanyscammers : Yes. Kind of. The previous quarterly dividends were in the range of $0.013 to $0.018 SGD. The most recent half-yearly dividend was around $0.031 SGD.