Unfranked Distribution and DRP Terms Pose Strategic Choices for Charter Hall Investors

Charter Hall Long WALE REIT Announces Quarterly Distribution

Charter Hall Long WALE REIT (ASX – CLW) has confirmed its ordinary quarterly distribution, declaring a payment of AUD 0.06375 per fully paid stapled security. This distribution relates to the financial quarter ending 30 September 2025 and will be paid to security holders on 14 November 2025.

The distribution is fully unfranked, meaning it does not carry any franking credits, a detail that may influence the tax considerations for investors depending on their individual circumstances. The ex-date for the distribution is set for 29 September 2025, with the record date following on 30 September 2025, marking the cutoff for eligibility to receive the payment.

Dividend Reinvestment Plan Offers Attractive Option

In addition to the cash distribution, Charter Hall Long WALE REIT continues to offer its Dividend Reinvestment Plan (DRP), allowing investors to reinvest their distributions into new units rather than receiving cash. For this distribution, the DRP will be offered at a 1% discount to the average daily volume weighted average price over a ten-day trading period from 3 October to 16 October 2025.

The DRP election deadline is 1 October 2025 at 5 – 00 pm, giving investors a clear window to decide whether to participate. New units issued under the DRP will rank pari passu with existing securities and are expected to be issued on the same date as the distribution payment, 14 November 2025.

Implications for Investors and Market

This announcement signals steady income for investors in Charter Hall Long WALE REIT, consistent with its focus on long-term leased commercial properties. The availability of the DRP at a discount may encourage reinvestment, potentially supporting unit price stability and capital growth over time.

While the distribution amount remains unchanged from previous quarters, the unfranked nature and DRP terms will be key considerations for investors assessing their portfolio income and growth strategies. The market will be watching closely for the forthcoming DRP pricing announcement expected around the payment date, which will provide further clarity on the capital impact of reinvestments.