The Mirvac Group (ASX: MGR) share price is in focus today after the company announced a distribution of 4.7 cents per stapled security for the six months ending 31 December 2025. This distribution comes solely from Mirvac Property Trust, with no dividend declared from Mirvac Limited.
What did Mirvac Group report?
- Distribution of 4.7 cents per stapled security, unfranked
- Relates to the six-month period ending 31 December 2025
- Date of record: 31 December 2025
- Ex-date: 30 December 2025
- Payment date: 26 February 2026
- Distribution Reinvestment Plan (DRP) available to eligible securityholders
What else do investors need to know?
Mirvac's announced distribution is unfranked and paid solely from its Property Trust arm, meaning there's no dividend from Mirvac Limited itself this period. Securityholders can choose to receive payment in Australian or New Zealand dollars, depending on their nominated bank account.
Investors on the New Zealand register will automatically receive their payment in NZD, with the exchange rate to be set and announced on 18 February 2026. The company's dividend reinvestment plan (DRP) applies to this distribution, giving shareholders the option to receive additional securities instead of cash.
What's next for Mirvac Group?
Looking ahead, Mirvac will release further details on the distribution's tax components closer to the payment date, with information to be made available on its investor centre website. The group continues to return value to its securityholders while providing flexibility through its multi-currency and DRP arrangements.
Future distributions will depend on trust income and ongoing operating conditions. Shareholders can update their bank or currency details before the record date to ensure smooth payment processing.
Mirvac Group share price snapshot
Over the past 12 months, Mirvac Group shares have risen 5%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.
