Stride Property targets 8 cents dividend, suspends reinvestment

Stride Property Group (SPG) has announced it is targeting a combined annual cash dividend of 8.00 cents per stapled security for the financial year ending March 31, 2025 (FY25), consistent with previous guidance and subject to market conditions. The Boards of both Stride Property Limited (SPL) and Stride Investment Management Limited (SIML) have resolved to suspend the Dividend Reinvestment Plan for the FY25 third quarter dividends of both SPL and SIML.