Rural Funds Group Announces Estimated Dividend for the Quarter Ended March 31, 2020, Payable on April 30, 2020
April 08, 2020 at 07:28 pm EDT
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Rural Funds Group announced estimated dividend of AUD 0.02711800 per share for the quarter ended March 31, 2020, payable on April 30, 2020 with record date as March 31, 2020 and ex-date as March 30, 2020.
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 
