Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Growthpoint Properties Australia ( (AU:GOZ) ) has shared an update.
Growthpoint Properties Australia announced a final distribution of 9.1 cents per security for the six months ending June 30, 2025, totaling 20.3 cents per security for the fiscal year, aligning with its guidance. The company maintains its FY25 funds from operations guidance at no less than 23.0 cents per security. The announcement confirms the suspension of the Distribution Reinvestment Plan, reflecting Growthpoint’s strategic financial management and commitment to delivering value to its investors.
The most recent analyst rating on (AU:GOZ) stock is a Hold with a A$2.70 price target. To see the full list of analyst forecasts on Growthpoint Properties Australia stock, see the AU:GOZ Stock Forecast page.
More about Growthpoint Properties Australia
Growthpoint Properties Australia is a real estate investment trust (REIT) listed on the ASX and part of the S&P/ASX 300. Since 2009, the company has been investing in high-quality Australian real estate, directly owning a portfolio of modern office and industrial properties. It also manages office, industrial, logistics, and retail assets for third-party wholesale syndicates and institutional investors through its funds management business. Growthpoint is committed to sustainability, aiming to achieve a Net Zero Target by July 2025 across its directly owned office assets and corporate activities.
Average Trading Volume: 520,358
Technical Sentiment Signal: Buy
Current Market Cap: A$1.9B
Learn more about GOZ stock on TipRanks’ Stock Analysis page.