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Stockland Corporation Ltd (SGP.AX)

SGP.AX on Australia Stock Exchange

4.46AUD
17 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Stockland Corp Says FY Net Profit After Tax Attributable Down 69.6%
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Stockland Corporation Ltd ::FY NET PROFIT AFTER TAX ATTRIBUTABLE TO SECURITYHOLDERS DOWN 69.6% TO $311 MILLION.FY REVENUE FROM ORDINARY ACTIVITIES DOWN 0.2% TO $2,768 MILLION.FINAL DIVIDEND 14.1 CENTS PER SECURITY.FORECAST FLAT GROWTH IN FFO PER SECURITY IN FY20.FORECAST FY20 DISTRIBUTION PAYOUT WILL BE AT THE BOTTOM END OF OUR 75-85 PER CENT TARGET RATIO.  Full Article

Stockland Corp Announces Strategic Capital Partnership
Thursday, 4 Jul 2019 

July 4 (Reuters) - Stockland Corporation Ltd ::ANNOUNCES STRATEGIC CAPITAL PARTNERSHIP; WITH CAPITAL PROPERTY GROUP INVESTING 50% INTEREST IN CO'S AURA ON SUNSHINE COAST.ACCOUNTING PROFIT ASSOCIATED WITH THIS TRANSACTION WILL BE RECOGNISED IN FY20.  Full Article

Stockland Corp Says Exchanged Contracts With Frasers Property Australia For Sale Of Grove Residential Community
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Stockland Corporation Ltd ::EXCHANGED CONTRACTS WITH FRASERS PROPERTY AUSTRALIA FOR SALE OF GROVE RESIDENTIAL COMMUNITY IN MELBOURNE FOR $202.5 MILLION.SALE OF GROVE WILL RESULT IN GROSS PROFIT REALISATION OF $75 MILLION, TO BE RELEASED OVER FY19-21.  Full Article

Stockland Corporation Targets FY19 FFO Per Security Growth Of 5-7%
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Stockland Corporation Ltd ::TARGETING FFO PER SECURITY GROWTH OF 5.0 - 7.0% FOR FY19.SEES FY19 DISTRIBUTION PER SECURITY GROWTH OF 4%, 27.6 CENTS.  Full Article

Stockland Corporation Says FY Net Profit After Tax Attributable Down 14.2%
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Stockland Corporation Ltd ::FY NET PROFIT AFTER TAX ATTRIBUTABLE DOWN 14.2% TO $1,025 MILLION.FY REVENUE FROM ORDINARY ACTIVITIES $ 2,775 MILLION, UP 1.1 PERCENT.DECLARES FINAL DIVIDEND OF 13.5 CENTS PER SHARE.FY FUNDS FROM OPERATIONS UP 7.5% TO $863 MILLION.  Full Article

Stockland Corp To Divest Further Two Assets From Its Commercial Property Portfolio
Tuesday, 8 May 2018 

May 8 (Reuters) - Stockland Corporation Ltd ::ENTERED AGREEMENTS TO DIVEST A FURTHER TWO ASSETS FROM ITS COMMERCIAL PROPERTY PORTFOLIO FOR AN AGGREGATE $193.35 MILLION.  Full Article

Stockland Corporation HY Revenue From Ordinary Activities Up 14.3 Pct
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Stockland Corporation Ltd ::HY REVENUE FROM ORDINARY ACTIVITIES UP 14.3% TO $1,337 MILLION.HY NET PROFIT AFTER TAX ATTRIBUTABLE TO SECURITYHOLDERS DOWN 2.6% TO $684 MILLION.HY FUNDS FROM OPERATIONS ATTRIBUTABLE TO SECURITYHOLDERS UP 18.2% TO $436 MILLION.HY FFO PER SECURITY WAS 18.0 CENTS.DIVIDEND AND DISTRIBUTION PAYABLE FOR HALF YEAR IS 13.0 CENTS PER SECURITY, WITH A FORECAST FULL YEAR DISTRIBUTION OF 26.5 CENTS FOR FY18.  Full Article

Stockland Corporation Prices Distribution Reinvestment Plan At $4.03​ Per Stapled Security
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Stockland Corporation Ltd ::STOCKLAND CORPORATION ‍ANNOUNCES DISTRIBUTION REINVESTMENT PLAN PRICING; ISSUE PRICE FOR EACH STAPLED SECURITY IS $4.03​.  Full Article

Stockland Corporation To Acquire About 184 Hectares Of Land In Marsden Park
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Stockland Corporation Ltd ::TO ACQUIRE ABOUT 184 HECTARES OF LAND IN MARSDEN PARK FOR $398 MILLION ON DEFERRED TERMS OVER FIVE YEARS‍​.  Full Article

Stockland Corporation ‍Estimates HY Distribution
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Stockland Corporation Ltd ::‍ESTIMATED DISTRIBUTION FOR SIX MONTHS TO 31 DECEMBER 2017 OF 13.0 CENTS PER ORDINARY STAPLED SECURITY​.  Full Article

UPDATE 2-Australia's Stockland sees no firm signs of property recovery; shares drop

* Co flags flat growth in fiscal 2020 (Recasts, adds comments from CEO & analyst, share movement)