Charter Hall Retail REIT (ASX:CQR) recently announced its full year distribution, reporting 25.80 AU CPU.
It’s also projected that the operating earnings for fiscal year ‘24 will be approximately 27.4 AU cents per unit.
The company foresees the distribution payout ratio in FY24 to be in the range of 90 to 95% of operating earnings.
Charter Hall Retail REIT is a Real Estate Investment Trust that operates a portfolio of high-quality Australian supermarket anchored convenience retail centres.