Elanor Retail Property Fund Suspends Distribution for the Six Months to 30 June 2020
August 19, 2020 at 07:45 pm
Elanor Retail Property Fund announced notwithstanding the Fund's resilience to the impact of COVID-19, the distribution for the six months to 30 June 2020 was suspended given the unpredictable economic environment. As such, distributions for the full year were $6.75 million, or 5.24 cents per security, based on a 95% payout ratio of Core Earnings (for the six months to 31 December 2019 only).