News and Announcements
Folkestone Education Trust – December 2016 Quarter Distribution
- Published December 09, 2016 1:41PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
9th December 2016
In accordance with the 2017 full year distribution guidance of 14.2 cents per unit (cpu), Folkestone Investment Management Limited as the responsible entity of the Folkestone Education Trust (FET) gives notice that the distribution for the quarter ending 31 December 2016 is 3.55 cpu.
The following dates apply to the distribution for the December 2016 quarter:
Ex-Distribution Date – 29 December 2016
Record Date – 30 December 2016
Payment Date – 20 January 2017
The Distribution Reinvestment Plan (DRP) will apply to this distribution with a discount of 1.5% to the average of the daily volume weighted average market price recorded on the ASX commencing on 4 January through to 17 January 2017. Unitholders who have not yet participated in the DRP are required to complete and sign their application form and return it to FET’s registry, Boardroom Pty Limited by 4 January 2017 to participate in this quarter’s DRP.