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DEXUS Property Group (ASX: DXS) Share Price and News

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DEXUS Property Group (DXS) is a leading Australian real estate group, holding the title of Australia’s biggest owner and manager of commercial property. 

The majority of Dexus’ earnings are generated from the rental income received from its directly-owned Australian property portfolio. This portfolio is weighted towards the CBD office markets along the eastern seaboard. Additionally, Dexus has an unlisted funds management business through which it derives income from management fees.

Formerly a property trust managed by Deutsche Bank, Dexus shares have been listed on the ASX since 2004. Today, Dexus stands as one of the largest ASX shares in the real estate sector and the company has a solid development pipeline to drive further growth.

DEXUS Property Group (ASX: DXS) Latest News

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Will Dexus pay a dividend in 2020?

Dexus has declared a final FY20 distribution of 23.2 cents per share. This distribution payment is franked at 19.74%, and will be paid on 28 August 2020. The ex date for final distribution is Monday 29 June 2020.


Does Dexus offer a DRP?

Historically, Dexus has offered a distribution reinvestment plan (DRP); however, there is no DRP facility in operation at present. If and when Dexus reinstates the DRP, the group will notify its security holders.