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
Sebastian Bowen | July 2, 2020 1:52pm
Is the Vanguard Australian Property Securities ETF (ASX: VAP) a good long-term investment for ASX dividend income in 2020? More »
Ken Hall | June 23, 2020 8:38am
Macquarie Group Ltd (ASX: MQG) isn't the only ASX share with strong momentum right now, but is it a solid buy at its current... More »
Daryl Mather | June 22, 2020 10:29am
Keep an eye on these three Australian share market trends this week. Some have been building for a few weeks while others are new. More »
Brendon Lau | June 18, 2020 10:27am
The next phase of the rally could see the Australia and New Zealand Banking GrpLtd (ASX: ANZ) share price outrun the Afterlay Ltd (ASX:... More »
Daryl Mather | June 8, 2020 9:00am
Vicinity Centres are the most traded large cap on the ASX this week. I think Vicinity is the best value of the large cap... More »
Brendon Lau | May 24, 2020 11:17am
Reluctance to be a first mover is now turning into a race for state premiers! The risk averse Victorian premier Daniel Andrews declared that the... More »
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.