Charter Hall Retail REIT Sets Dividend at AUD 0.124 per Unit for June Half

Dividend Announcement Overview

Charter Hall Retail REIT (ASX – CQR) has confirmed a distribution of AUD 0.124 per ordinary unit for the half-year period ending 30 June 2025. This dividend is unfranked, meaning it does not carry any Australian franking credits, which can have implications for investors depending on their tax circumstances.

The announcement, made on 19 June 2025, sets the ex-dividend date for 27 June 2025, with the record date following shortly after on 30 June 2025. Investors holding units before the ex-date will be entitled to the dividend, which is scheduled for payment on 29 August 2025.

Implications for Investors

The unfranked nature of the dividend indicates that Charter Hall Retail REIT has not paid Australian corporate tax on the income distributed, a common feature in certain real estate investment trusts. This can affect the after-tax income for investors, particularly those who rely on franking credits to offset their tax liabilities.

Notably, the REIT’s Dividend Reinvestment Plan (DRP) will not apply to this distribution, meaning investors will receive cash payments rather than having the option to reinvest dividends into additional units. This decision may reflect the REIT’s current capital management strategy or market conditions.

Context Within the Retail REIT Sector

Charter Hall Retail REIT’s steady dividend payment aligns with its position as a significant player in the Australian retail property sector. The distribution amount is consistent with prior payments, suggesting stable operational performance despite ongoing challenges in retail real estate.

Investors will be watching closely for any updates on future dividend guidance or changes to the DRP, as these factors can influence portfolio income strategies and market sentiment toward retail-focused REITs.