News
Notice Of Record And Dividend Payment Dates - Tax-Exempt Income Distribution
BackAug 12, 2020
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Aug 12, 2020 17:42 |
| Status | New |
| Corporate Action Reference | SG200812DVCA4EFY |
| Submitted By (Co./ Ind. Name) | Winnie Yap |
| Designation | Finance Director |
| Dividend/ Distribution Number | Applicable |
| Value | 1 |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2020 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.0125 |
| Dividend/ Distribution Period | 12/03/2020 TO 30/06/2020 |
| Number of Days | 111 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | United Hampshire US Real Estate Investment Trust has announced the distribution of US 1.78 cents per unit for the period from 12 March 2020 to 30 June 2020 (the Distribution ) comprising: (a) tax-exempt income distribution of 1.25 US cents per Unit; and (b) capital distribution of 0.53 US cents per Unit. Please refer to the attached for details. |
| Taxation Conditions | The tax-exempt income component is exempt from Singapore income tax in the hands of all Unitholders. No Singapore withholding tax will be deducted at source from this income component. |
| Taxation Conditions | Unitholders who do not submit required U.S. tax forms completely and accurately will be subject to 30% U.S. withholding taxes on the Distribution. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by 11 September 2020. To ensure the forms can be validated by 11 September 2020, unitholders are reminded to submit the completed tax forms to UHREIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte. Ltd. before the validation deadline of 8 September 2020. |
| Event Dates | |
| Record Date and Time | 20/08/2020 17:00:00 |
| Ex Date | 19/08/2020 |
| Option 1-Cash Payment Details | |
| Election Period | 25/08/2020 TO 08/09/2020 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0125 |
| Net Rate (Per Share) | USD 0.0125 |
| Pay Date | 29/09/2020 |
| Gross Rate Status | Actual Rate |
| Currency Pair | SGD/USD |
| Option 2-Cash Payment Details | |
| Election Period | 25/08/2020 TO 08/09/2020 |
| Default Option | No |
| Option Currency | United States Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | USD 0.0125 |
| Net Rate (Per Share) | USD 0.0125 |
| Pay Date | 29/09/2020 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
|
Attachments
- Attachment 1 (Size: 117,937 bytes)
