ASX Announcement – Elanor Investors Group 2HFY19 Forecast Distribution
Elanor Investors Group (“ENN” or “Elanor”) is pleased to announce its forecast distribution range for the six months ending 30 June 2019 of 8.75 cents to 9.25 cents per stapled security, with a point estimate of 8.9 cents. This reflects forecast Core Earnings for the year ending 30 June 2019 of approximately $16.6 million.
The forecast distribution per security for the six months ending 30 June 2019 of 8.9 cents brings the total distribution in respect of the year ending 30 June 2019 to 15.22 cents per stapled security based on a distribution pay-out ratio of 90%.
To read the full announcement, click here.