Yesterday afternoon, Mirvac Group (ASX: MGR) announced a distribution of 4.8 cents per stapled security for the six months ending 30 June 2026, to be paid at the end of August.
What did Mirvac Group report?
- Distribution of 4.8 cents per stapled security
- Distribution relates solely to Mirvac Property Trust; no dividend from Mirvac Limited
- Distribution is fully unfranked
- Record date: 30 June 2026; ex-date: 29 June 2026
- Payment date: 31 August 2026
- Distribution Reinvestment Plan (DRP) is available
What else do investors need to know?
The distribution for this period applies only to Mirvac Property Trust, and not to Mirvac Limited. Securityholders can choose to receive their payments in either Australian or New Zealand dollars, depending on their nominated bank account and registered address.
Detailed tax component information for the distribution will be made available on the Mirvac website around the payment date. Investors may contact the share registry for further assistance regarding payment options or to update their details.
What’s next for Mirvac Group?
Mirvac is set to pay the announced distribution by the end of August, with the final amount and currency exchange rates for New Zealand holders to be confirmed closer to the payment date. The company will release full tax component details online, helping investors manage tax requirements.
Looking ahead, eligible securityholders can reinvest their distribution through the DRP, which may appeal to those seeking to grow their investment in Mirvac over time.
Mirvac Group share price snapshot
Over the past 12 months, Mirvac Group shares have declined 22%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.
The post Mirvac Group announces June 2026 distribution appeared first on The Motley Fool Australia.
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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.