VistaREIT, Inc. Approves Cash Dividends for the First Quarter of 2024, Payable on June 27, 2024
June 05, 2024 at 08:45 am IST
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VistaREIT, Inc. announced on May 20, 2024, the BOD of the company approved the declaration of regular cash dividends for the first quarter of 2024 amounting to PHP 309.90 million or PHP 0.04132 per share. The dividend declarations are in favor of all stockholders of record as of June 5, 2024 and payable on June 27, 2024.
VistaREIT, Inc. is a Philippines-based is a real estate investment trust. The Company owns a portfolio of an approximately 10 community malls and two office buildings with an aggregate gross leasable area (GLA) of 256,403.95 square meters. The Company's lease operation is its reportable segment. Its community malls are located in Las Pinas City, Bacoor City, General Trias City, Imus City, Municipality of Tanza, Antipolo City, City of San Jose Del Monte, San Fernando City, and Talisay City. The Company's office buildings are located in Taguig City and Bacoor City. The Company's shopping malls provides facilities, such as retail outlets, supermarkets and department stores, together with other attractions, such as food courts, cinemas and other entertainment facilities to its customers. Its target customer segment of the commercial leasing business consists of broad C retail consumers.