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Dexus Posts Statutory Profit Turnaround, Confirms 19c Distribution Amid Market Headwinds

8:42am on Tuesday 18th of February, 2025 AEDT Real Estate
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Dexus Posts Statutory Profit Turnaround, Confirms 19c Distribution Amid Market Headwinds

8:42am on Tuesday 18th of February, 2025 AEDT
Key Points
  • Statutory net profit after tax of $10.3 million, reversing prior year loss
  • Distribution maintained at 19.0 cents per security with 81.2% payout ratio
  • Pro forma gearing at 31.3%, within target range despite valuation pressures
  • High occupancy rates: 93.5% office and 95.7% industrial portfolios
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