News and Announcements
US Residential Fund Distribution of 1.5 cents September 2016
- Published September 27, 2016 4:12PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
27th September 2016, ASX Announcement
US Residential Fund (ASX: USR) is pleased to announce a distribution of 1.5 cents per stapled security for the quarter ended 30 September 2016. This distribution equates to an annualised yield of 11.3% at the security price at market close on 26 September 2016.
In respect of the payment of the distribution for the quarter ended 30 June 2016, USR confirms that this will be paid on 7 October 2016.
USR Managing Director Andrew Meakin said: “We continue to explore capital raising options and increase our reach in property syndication market through Global Crowd and Crowd Street.
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