Dexus ( (AU:DXS) ) has shared an update.
Dexus announced the distribution payment of 19.0 cents per security for the six months ending 31 December 2024, reflecting a payout ratio of 81.2% in line with its updated distribution policy. The company continues to focus on transitioning its balance sheet and maximizing contributions from its funds business, while maintaining its sector expertise. The recent acquisition of Link Market Services by MUFG Corporate Markets ensures continued registry services for security holders.
More about Dexus
Dexus is a leading Australasian fully integrated real asset group managing a diverse portfolio of real estate and infrastructure valued at $53.4 billion. The company operates an investment portfolio and a funds management business, owning and managing office, industrial, retail, healthcare, infrastructure, and alternative assets. With a strong track record in capital and risk management, Dexus focuses on customer prosperity, climate action, and community enhancement, supported by over 38,000 investors globally.
YTD Price Performance: 17.03%
Average Trading Volume: 11,638
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.09B
Learn more about DXS stock on TipRanks’ Stock Analysis page.