Private Land and Property fund announces quarterly distribution

Private Land and Property Fund (NZX:PLP) announced a quarterly distribution of $0.01125 per unit, with a gross taxable amount of $0.01125 per unit. The total distribution is valued at $1,340,734.83, sourced from retained earnings and paid in NZD. The net cash distribution will be $0.0081 per unit after accounting for imputation credits of $0.00315 per unit based on a 28% imputation rate.