HealthCo Healthcare & Wellness REIT ( ($AU:HCW) ) just unveiled an announcement.
HealthCo Healthcare & Wellness REIT announced its distribution components for the quarter ending December 31, 2024, with a total cash distribution of 2.1 cents per unit. The REIT intends to function as an attribution managed investment trust and a withholding managed investment trust for the fiscal year ending June 30, 2025, which may impact its tax treatment and obligations. This announcement provides information relevant to withholding tax purposes under the Taxation Administration Act 1953, and full year distribution details will be provided in the AMMA Statement to unitholders in September 2025.
More about HealthCo Healthcare & Wellness REIT
HealthCo Healthcare & Wellness REIT (HCW) is a Real Estate Investment Trust listed on the ASX, focusing on owning healthcare and wellness property assets. The REIT aims to provide exposure to a diversified portfolio influenced by healthcare sector megatrends, targeting stable and growing distributions, long-term capital growth, and positive environmental and social impact. HCW is Australia’s leading diversified healthcare REIT with a portfolio worth $1.6 billion and a substantial development pipeline.
YTD Price Performance: -4.90%
Average Trading Volume: 1,599,785
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$544.2M
For a thorough assessment of HCW stock, go to TipRanks’ Stock Analysis page.
