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NZ Rural Land boosts FY26 AFFO guidance after solid FY25 and revises dividend strategy
10:00am on Thursday 1st of January, 1970 AEST
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Real Estate
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NZ Rural Land boosts FY26 AFFO guidance after solid FY25 and revises dividend strategy
10:00am on Thursday 1st of January, 1970 AEST
Key Points
FY25 net profit and AFFO steady at $7.9 million
Acquired Canterbury dairy farm, sold two pastoral properties above book value
Revised dividend policy targets quarterly payouts of 90-100% AFFO
FY26 AFFO forecast raised to $8.25m–$8.75m with inflation-linked rental growth
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New Zealand Rural Land Company (NZX:NZL)
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