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US Masters Residential Property Fund Declares Special Distribution

Story Highlights
  • US Masters Residential Property Fund announced a special distribution of $0.01 per stapled security.
  • The distribution is tax-deferred and relevant for non-resident withholding tax purposes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
US Masters Residential Property Fund Declares Special Distribution

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The latest announcement is out from US Masters Residential Property Fund ( (AU:URF) ).

US Masters Residential Property Fund announced a special distribution of $0.01 per fully paid stapled security, with the entire distribution classified as tax-deferred income. This distribution is relevant for non-resident withholding tax purposes under Australian tax law. The announcement does not impact Australian resident securityholders’ tax returns, as detailed tax statements will be provided later in the year.

More about US Masters Residential Property Fund

US Masters Residential Property Group is a listed stapled entity that includes the US Masters Residential Property Fund and US Masters Residential Property Fund II. The company operates in the real estate investment sector, focusing on residential properties in the United States. It is managed by US Masters Responsible Entity Limited.

YTD Price Performance: 10.0%

Average Trading Volume: 633,977

Technical Sentiment Signal: Sell

Current Market Cap: A$266M

Learn more about URF stock on TipRanks’ Stock Analysis page.

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