Charter Hall Long WALE REIT Declares AUD 0.06375 Quarterly Distribution with DRP Option
Charter Hall Long WALE REIT has announced an ordinary unfranked quarterly distribution of AUD 0.06375 per security, payable in February 2026, alongside a Dividend Reinvestment Plan offering a 1% discount.
- Ordinary unfranked quarterly distribution of AUD 0.06375 per security
- Distribution payable on 13 February 2026 with ex-date 30 December 2025
- Dividend Reinvestment Plan (DRP) available with 1% discount
- DRP securities to be newly issued and rank pari passu
- DRP election deadline set for 2 January 2026
Distribution Announcement Details
Charter Hall Long WALE REIT (ASX – CLW) has declared its ordinary quarterly distribution at AUD 0.06375 per fully paid stapled security. This payment is scheduled for 13 February 2026, with the ex-distribution date set for 30 December 2025 and the record date on 31 December 2025. The distribution is unfranked, reflecting the REIT’s typical income profile and tax treatment.
Dividend Reinvestment Plan Offers Attractive Option
Investors have the option to participate in the REIT’s Dividend Reinvestment Plan (DRP), which allows them to reinvest their distributions into additional securities rather than receiving cash. Notably, the DRP offers a 1% discount on the issue price, calculated as the average daily volume weighted average price (VWAP) over a ten-day trading period from 6 to 19 January 2026. This discount provides a modest incentive for investors to compound their holdings.
The DRP securities will be newly issued and will rank equally with existing securities from the issue date, ensuring participants maintain their proportional ownership without dilution concerns. The deadline for DRP election is 2 January 2026 at 5 – 00 pm, with the new securities expected to be issued on the distribution payment date.
Context and Market Implications
This distribution announcement aligns with Charter Hall Long WALE REIT’s consistent approach to delivering steady income streams to investors, a hallmark of long weighted average lease expiry (WALE) commercial property trusts. The unfranked nature of the distribution is typical for REITs structured to pass through rental income without corporate tax, which may appeal to investors seeking regular income over franking credits.
The availability of the DRP with a discount could encourage reinvestment, potentially supporting the REIT’s capital base and liquidity. However, investors will be watching closely for the forthcoming DRP pricing announcement expected around the payment date, which will provide clarity on the final issue price and confirm the discount’s impact.
Looking Ahead
As the REIT approaches the distribution payment, market participants will be evaluating this income event in the context of broader economic conditions and property market dynamics. The steady distribution rate underscores the REIT’s focus on long-term lease stability, but future distributions will likely be influenced by leasing activity and property valuations amid evolving market conditions.
Bottom Line?
Investors should monitor the upcoming DRP pricing announcement and assess how reinvestment incentives might influence Charter Hall Long WALE REIT’s capital structure and income profile.
Questions in the middle?
- Will the DRP pricing confirm the anticipated 1% discount and how might this affect investor participation?
- How will Charter Hall Long WALE REIT’s leasing and property market conditions impact future distribution levels?
- What is the potential impact of unfranked distributions on investor tax outcomes and demand for the REIT’s securities?
