Fortress Real Estate sets cash payment for scrip dividend fractional entitlements

Bitget2026/10/15 08:25

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Fortress Real Estate Investments set scrip dividend fractional cash payments at 2,185.42885 cents per Fortress B share on October 15, 2026.
Eligible Fortress B shareholders can elect new shares instead of a 90.91-cent dividend, with a record date of October 16, 2026.
The share allocation reference price was set at 2,400 cents per Fortress B share in the September 17, 2026 declaration.
Fractional payments reflect a 10% discount to the October 14, 2026 volume-weighted average price of 2,428.25428 cents.
Allocations round down to whole shares; fractional cash payments subject to 20% dividend withholding tax total 1,748.34308 cents per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortress Real Estate Investments Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604989), on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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