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Notice Of Books Closure And Distribution Payment Date - Tax-Exempt Income Component
BackAug 04, 2022
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Aug 4, 2022 7:25 |
| Status | New |
| Corporate Action Reference | SG220804DVCAWGYB |
| Submitted By (Co./ Ind. Name) | William D. Gantt III |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 15 |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2022 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.0221 |
| Dividend/ Distribution Period | 01/01/2022 TO 30/06/2022 |
| Number of Days | 181 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Manulife US REIT has announced the distribution of US 2.61 cents per unit for the period from 1 January 2022 to 30 June 2022 which comprise two components: (a) distribution out of tax-exempt income of US 2.21 cent; and (b) distribution out of capital of US 0.40 cent. Please refer to the 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 an effective withholding tax of 30.626% on the tax-exempt income component. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Monday, 5 September 2022. |
| Taxation Conditions | To ensure the forms can be validated by Monday, 5 September 2022, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte . Ltd. by Monday, 29 August 2022. |
| Event Dates | |
| Record Date and Time | 15/08/2022 17:00:00 |
| Ex Date | 12/08/2022 |
| Option 1-Cash Payment Details | |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0221 |
| Net Rate (Per Share) | USD 0.0221 |
| Pay Date | 27/09/2022 |
| 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 0.0221 |
| Net Rate (Per Share) | USD 0.0221 |
| Pay Date | 27/09/2022 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 166,051 bytes)