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Notice Of Books Closure And Distribution Payment Date - Tax-Exempt Income Component
BackFeb 08, 2021
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Feb 8, 2021 7:06 |
| Status | New |
| Corporate Action Reference | SG210208DVCAYQJ9 |
| Submitted By (Co./ Ind. Name) | Jill Smith |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 11 |
| Dividend/ Distribution Type | Final |
| Financial Year End | 31/12/2020 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.0215 |
| Dividend/ Distribution Period | 01/07/2020 TO 31/12/2020 |
| Number of Days | 184 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of 2.59 cents (USD) per unit for the period from 1 July 2020 to 31 December 2020 which comprises two components: (a) distribution out of tax-exempt income of 2.15 cent (USD); and (b) distribution out of capital of 0.44 cent (USD). Please refer to attachment. |
| Taxation Conditions | The tax-exempt income component is exempt from tax in the hands of all Unitholders. No tax will be deducted at source from this component. |
| Taxation Conditions | Unitholders who do not submit required U.S. tax forms completely and accurately will be subject to 30% withholding taxes on the Distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Tuesday, 9 March 2021. |
| Taxation Conditions | To ensure the forms can be validated by Tuesday, 9 March 2021, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Tuesday, 2 March 2021. |
| Event Dates | |
| Record Date and Time | 17/02/2021 17:00:00 |
| Ex Date | 16/02/2021 |
| Option 1-Cash Payment Details | |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0215 |
| Net Rate (Per Share) | USD 0.0215 |
| Pay Date | 30/03/2021 |
| Gross Rate Status | Actual Rate |
| Currency Pair | SGD/USD |
| Option 2-Cash Payment Details | |
| Default Option | No |
| Option Currency | United States Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0215 |
| Net Rate (Per Share) | USD 0.0215 |
| Pay Date | 30/03/2021 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 116,515 bytes)