Rural Funds Group Announces Dividend for the Quarter Ended December 31, 2019, Payable on January 31, 2020
December 01, 2019 at 07:47 pm EST
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Rural Funds Group announced a dividend of AUD 0.02711800 per share for the quarter ended December 31, 2019. The dividend payable on January 31, 2020 to the shareholders of record on December 31, 2019 and ex-date is December 30, 2019.
Rural Funds Group is an Australia-based real estate investment trust (REIT). The Company owns a diversified portfolio of agricultural assets that are leased predominantly to corporate agricultural operators. It is primarily engaged in the development and leasing of agricultural properties and equipment. The Company leases almond orchards, macadamia orchards, vineyards, cattle properties, cropping properties, agricultural plants and equipment, cattle, and water rights. The Company holds three almond orchards approximately 4,068 planted hectares; six vineyards approximately 636 planted hectares; 13 macadamia orchards approximately 1,906 planted hectares; seven properties with areas to be developed into macadamia orchards with 2,520 hectares; 23 cattle properties made up of 18 breeding, backgrounding, and finishing properties and five cattle feedlots with a combined capacity of 150,000 head, and 15 cropping properties approximately 14,573 hectares.
RURAL FUNDS GROUP 
