Charter Hall Long WALE REIT (ASX: CLW) Share Price and News

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Charter Hall Long WALE REIT Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.07 billion
P/E Ratio 4.27
Dividend Yield 6.10%
Shares Outstanding 636.53 million
Earnings per share 1.136
Dividend per share 0.30
Year To Date Return 9.41%
Earnings Yield 23.41%
Franking N/A
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as at 24 Feb 3:44pm

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Charter Hall Long WALE REIT (ASX: CLW)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
29 Sep 2021 $0.0762 0.00% Interim 15 Nov 2021
29 Jun 2021 $0.0740 0.00% Final 13 Aug 2021
30 Mar 2021 $0.0730 0.00% Interim 14 May 2021
30 Dec 2020 $0.0730 0.00% Interim 12 Feb 2021
29 Sep 2020 $0.0720 0.00% Interim 13 Nov 2020
29 Jun 2020 $0.0720 0.00% Final 14 Aug 2020
30 Mar 2020 $0.0710 0.00% Interim 14 May 2020
30 Dec 2019 $0.0700 0.00% Interim 14 Feb 2020
27 Sep 2019 $0.0700 0.00% Interim 14 Nov 2019
27 Jun 2019 $0.0710 0.00% Final 14 Aug 2019
28 Mar 2019 $0.0690 0.00% Interim 15 May 2019
28 Dec 2018 $0.0650 0.00% Interim 14 Feb 2019
27 Sep 2018 $0.0640 0.00% Interim 14 Nov 2018
28 Jun 2018 $0.0680 0.00% Final 14 Aug 2018
28 Mar 2018 $0.0660 0.00% Interim 15 May 2018
28 Dec 2017 $0.0650 0.00% Interim 14 Feb 2018
28 Sep 2017 $0.0650 0.00% Interim 15 Nov 2017
29 Jun 2017 $0.0640 0.00% Final 14 Aug 2017
30 Mar 2017 $0.0640 0.00% Interim 15 May 2017
29 Dec 2016 $0.0340 0.00% Interim 28 Feb 2017

CLW ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Charter Hall Long WALE REIT

Charter Hall Long WALE REIT (CLW) is an ASX real estate investment trust (REIT) investing in real estate assets that are primarily leased to corporate and government tenants on long-term leases.

The Long WALE REIT is focused on providing CLW shareholders with stable income and the potential for both income and capital growth through exposure to properties with a long weighted average lease expiry (WALE). WALE represents the average expiry period of all the leases within a property or property portfolio.

This REIT’s portfolio is weighted towards the eastern seaboard of Australia and is diversified across a range of real estate sectors such as industrial, office, retail, and logistics. Some of its major tenants include the federal and state governments, Woolworths Group Ltd (ASX: WOW), Telstra Corporation Ltd (ASX: TLS), and Inghams Group Ltd (ASX: ING). The REIT is managed by Charter Hall Group (ASX: CHC), a major integrated property group that operates a range of other REITs on the ASX.

CLW Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
02 Dec 2021 $4.82 $-0.03 -0.62% 2,080,153 $4.81 $4.88 $4.81
01 Dec 2021 $4.85 $0.01 0.21% 1,907,213 $4.87 $4.87 $4.81
30 Nov 2021 $4.84 $0.02 0.41% 3,333,602 $4.83 $4.89 $4.82
29 Nov 2021 $4.82 $-0.04 -0.82% 2,162,125 $4.83 $4.86 $4.81
26 Nov 2021 $4.86 $-0.06 -1.22% 1,507,388 $4.92 $4.94 $4.84
25 Nov 2021 $4.92 $0.03 0.61% 1,873,127 $4.90 $4.95 $4.89
24 Nov 2021 $4.89 $-0.01 -0.20% 2,346,269 $4.89 $4.94 $4.85
23 Nov 2021 $4.90 $0.07 1.45% 2,000,583 $4.82 $4.92 $4.81
22 Nov 2021 $4.83 $0.00 0.00% 1,496,408 $4.82 $4.86 $4.78
19 Nov 2021 $4.83 $0.01 0.21% 1,606,208 $4.84 $4.85 $4.80
18 Nov 2021 $4.82 $0.06 1.26% 1,391,267 $4.77 $4.86 $4.76
17 Nov 2021 $4.76 $0.06 1.28% 2,300,313 $4.70 $4.78 $4.69
16 Nov 2021 $4.70 $-0.04 -0.84% 2,513,720 $4.75 $4.78 $4.69
15 Nov 2021 $4.74 $-0.03 -0.63% 2,342,187 $4.76 $4.82 $4.73
12 Nov 2021 $4.77 $0.00 0.00% 1,873,663 $4.74 $4.80 $4.74
11 Nov 2021 $4.77 $-0.09 -1.85% 2,619,210 $4.84 $4.87 $4.77
10 Nov 2021 $4.86 $0.01 0.21% 1,730,888 $4.85 $4.88 $4.82
09 Nov 2021 $4.85 $-0.03 -0.61% 2,004,220 $4.88 $4.90 $4.83
08 Nov 2021 $4.88 $-0.01 -0.20% 2,213,897 $4.89 $4.95 $4.85
05 Nov 2021 $4.89 $0.00 0.00% 2,147,801 $4.88 $4.93 $4.85
04 Nov 2021 $4.89 $0.02 0.41% 2,052,830 $4.89 $4.92 $4.87
03 Nov 2021 $4.87 $0.03 0.62% 1,072,442 $4.90 $4.92 $4.86

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
26 Nov 2021 Carmel Hourigan Buy 10 $50,018
On-market trade. Average Price
22 Nov 2021 David Harrison Buy 190 $919,600
On-market trade. Average Price
15 Nov 2021 David Harrison Buy 7 $34,437
Dividend Reinvestment Plan (DRP).
15 Nov 2021 Ceinwen Kirk-Lennox Buy 905 $4,395
Dividend Reinvestment Plan (DRP).
13 Aug 2021 Ceinwen Kirk-Lennox Buy 870 $4,202
Dividend Reinvestment Plan (DRP).
13 Aug 2021 David Harrison Buy 6 $32,945
Dividend Reinvestment Plan (DRP).
09 Jun 2021 Glenn Fraser Issued 6 $30,545
Rights issue.
09 Jun 2021 Peeyush Gupta Issued 18 $84,862
Rights issue.
09 Jun 2021 David Harrison Issued 2 $10,522
Rights issue.
09 Jun 2021 David Harrison Issued 38 $177,211
Rights issue.
28 May 2021 Ceinwen Kirk-Lennox Issued 6 $32,531
Rights issue.
14 May 2021 David Harrison Buy 6 $29,268
Dividend Reinvestment Plan (DRP).
14 May 2021 Ceinwen Kirk-Lennox Buy 742 $3,584
Dividend Reinvestment Plan (DRP).
12 Feb 2021 David Harrison Buy 6 $28,795
Dividend Reinvestment Plan (DRP).
12 Feb 2021 Ceinwen Kirk-Lennox Buy 794 $3,525
Dividend Reinvestment Plan (DRP).

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Carmel Hourigan Executive Director Nov 2020
Ms Hourigan has more than 28 years experience in the real estate investment industry, spanning key senior leadership positions and roles in funds management across public and private markets, investment, research and advisory services. Carmel's previous roles include the Global Head of Real Estate AMP Capital, CIO GPT Group and Head of Investment Management Lendlease. Carmel has served as a Director of the Property Council of Australia for 9 years, including Vice President. Carmel currently serves as a member of the Property Male Champions of Change group. Carmel is also a former member of the Trustee Board and Deputy Chancellor of Western Sydney University.
Mr David William Harrison Chief Executive OfficerManaging DirectorExecutive Director Feb 2016
Mr Harrison has over 34 years global property market experience, and is recognised as a multi-core sector market leader. David is a Property Male Champions of Change. He is also National President of the Property Council of Australia and a member of the Nominations Committee (Director since 14 April 2016, National Vice President from 2017-2021, National President since 30 March 2021) and a member of the Board for NSW Rugby Union.
Mr Glenn Montgomery Fraser Non-Executive Director May 2016
Mr Fraser is a professional non executive director with experience in finance, infrastructure and property. He was a member of Transfield Holdings Advisory Board from 1999 to 2015. He was instrumental in Transfield Holding's acquisition of a 50% interest in Charter Hall and its subsequent expansion and ASX listing in 2005. Glenn also served as a Non Executive Director of the Charter Hall Group from April 2005 to August 2012. Joining Transfield Holdings in 1996, Glenn was General Manager - Finance Project Development, where he was responsible for the financial elements of infrastructure and property projects. Glenn was subsequently appointed Chief Financial Officer of Transfield Holdings. Glenn was a principal and director of a project finance advisory business, Perry Development Finance Pty Limited from 1985; which was sold to Hambros Corporate Finance Limited in 1995. He chairs the Risk & Compliance Committee .
Mr Peeyush Gupta Non-Executive ChairmanNon-Executive Director May 2016
Mr Gupta was the co-founder and the inaugural Chief Executive Officer of Ipac Securities Limited, a pre-eminent wealth management firm. He has experience in starting and growing businesses, acquisitions and divestments, roll-ups and integration, general management, investment management and corporate governance. He is a Non-Executive Director of National Australia Bank Limited, Special Broadcasting Service, Link Administration, BNZ Life, and Insurance & Care (NSW). He is also currently the Chair of Charter Hall Direct Property Management Limited and serves in a pro bono capacity as a trustee of Western Sydney University, and the Australian School of Business Dean's Advisory Committee.
Ms Ceinwen Kirk-Lennox Non-Executive Director Jun 2016
Ms Kirk-Lennox has over 35 years experience in many aspects of property including agency, development, project and construction management, property management, and community development. Her executive career includes 26 years at Lendlease Corporation, where she held executive roles, running commercial business units, client accounts and functions across the Lendlease Group. Ceinwen now runs her own consultancy, with clients across both private and public sectors. Ceinwen brings over 20 years experience as an executive and non-executive director serving on a number of boards including both for-profit and not-for-profit companies. Ceinwen was appointed to the Greater Sydney Parklands Board in 2020 and is an ongoing member of the Sydney Archdiocesan Property Committee.
Mr Mark Bryant Company Secretary Nov 2017
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Ms Rebekah Hourigan Joint Company Secretary Nov 2021
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Mark Bryant Company Secretary
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Darryl Chua Deputy Fund Manager
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Avi Anger Fund Manager
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Scott Martin Head of Finance - Diversified
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Rebekah Hourigan Joint Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 175,646,143 27.96%
J P Morgan Nominees Australia Pty Limited 107,305,289 17.08%
Trust Company Limited 70,704,197 11.25%
Citicorp Nominees Pty Limited 47,803,191 7.61%
National Nominees Limited 30,336,414 4.83%
BNP Paribas Nominees Pty Ltd 16,712,928 2.66%
BNP Paribas Noms Pty Ltd 11,761,173 1.87%
Citicorp Nominees Pty Limited (i) 5,276,406 0.84%
Netwealth Investments Limited 5,056,334 0.80%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd 4,637,800 0.74%
Milton Corporation Limited 2,609,797 0.42%
BNP Paribas Nominees Pty Ltd (i) 2,522,120 0.40%
BNP Paribas Nominees Pty Ltd Six Sis Ltd 2,385,925 0.38%
Australian Executor Trustees Limited 2,348,246 0.37%
CS Third Nominees Pty Limited 2,206,953 0.35%
Brispot Nominees Pty Ltd 2,182,025 0.35%
Neweconomy Com Au Nominees Pty Limited 1,780,146 0.28%
One Managed Investment Funds Ltd 1,500,000 0.24%
Pivot Group Pty Ltd 1,482,585 0.24%
Navigator Australia Ltd 1,452,586 0.23%

Frequently Asked Questions

Because CLW is a trust, rather than a company, its payments to unit holders are known as ‘distributions’ rather than ‘dividends’. Charter Hall Long WALE REIT pays quarterly distributions to its investors in February, May, August and November each year. The REIT paid interim distributions of 7 cents and 7.1 cents per unit in February and May 2020 respectively. At the time of writing the trust has made no announcements regarding payment of its distributions for the remainder of FY20.

Yes. Charter Hall Long WALE REIT offers optional participation in its distribution reinvestment plan. Unit holders residing in Australia and New Zealand can elect either full or partial participation in the plan. As of 21 April 2020, the DRP issue price is at a 1% discount to the average of the daily volume weighted average price of securities over a ten trading day period.

 

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