Rural Funds Group Announces Dividend on RFF - STAPLED SECURITIES FULLY PAID for the First Quarter Ended June 30, 2018, Payable on July 31, 2018
June 31, 2018 at 07:11 pm EDT
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Rural Funds Group announced dividend of AUD 0.02507500 on RFF - STAPLED SECURITIES FULLY PAID for the first quarter ended June 30, 2018. The dividend is payable on July 31, 2018, with the record date of June 29, 2018 and ex-date of June 28, 2018.
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.