Distribution & Tax information
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Distribution
View the historical distribution, dividend history for Lendlease Corporation, and distribution history for Lendlease Trust.
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Distribution
A B C DISTRIBUTION PERIOD ENDING PAYMENT
DATELENDLEASE CORPORATION
DIVIDENDLENDLEASE
TRUST DISTRIBUTIONTOTAL DISTRIBUTION
PER SECURITY(1)DRP PRICE SEP PRICE SPP PRICE Final 30-Jun-24 18-Sep-24 $0.03162870 $0.06349740 $0.09512610 $6.6843 suspended suspended Interim 31-Dec-23 13-Mar-24 $0.00000000 $0.06487390 $0.06487390 $6.2588 suspended suspended Final 30-Jun-23 13-Sep-23 $0.04656179 $0.06443780 $0.11099959 $7.6526 suspended suspended Interim 31-Dec-22 8-Mar-23 $0.00000000 $0.04900041 $0.04900041 $7.6249 suspended suspended Final 30-Jun-22 21-Sep-22 $0.05704257 $0.05295743 $0.11000000 $10.1701 suspended suspended Interim 31-Dec-21 16-Mar-22 $0.00000000 $0.05022285 $0.05022285 $10.2295 suspended suspended Final 30-Jun-21 15-Sep-2021 $0.07941097 $0.04058903 $0.12000000 $12.1116 suspended suspended Interim 31-Dec-20 17-Mar-21 $0.11160653 $0.03839347 $0.15000000 $13.5507 suspended suspended Final 30-Jun-20 15-Sep-20 $0.0000000 $0.03256263 $0.03256263 $11.2316 suspended suspended Interim 31-Dec-19 17-Mar-20 $0.22084552 $0.07915448 $0.30000000 $17.5957 suspended suspended Final 30-Jun-19 16-Sep-19 $0.09504143 $0.20495857 $0.30000000 $16.8545 suspended suspended Interim 31-Dec-18 20-Mar-19 $0.00000000 $0.12000000 $0.12000000 $13.0846 suspended suspended Final 30-Jun-18 21-Sep-18 $0.30327100 $0.04672900 $0.35000000 $19.7183 suspended suspended Interim 31-Dec-17 22-Mar-18 $0.29432230 $0.04567770 $0.34000000 $17.7651 suspended suspended Final 30 Jun 2017 20 Sep 2017 $0.28419521 $0.04580479 $0.33000000 $16.6231 suspended suspended Interim 31 Dec 2016 24 Mar 2017 $0.29762322 $0.03237678 $0.33000000 $15.1399 suspended suspended Final 30 Jun 2016 14 Sep 2016 $0.27475110 $0.02524890 $0.30000000 $13.8994 suspended suspended Interim 31 Dec 2015 15 Mar 2016 $0.21350462 $0.08649538 $0.30000000 $13.2604 suspended suspended Final 30 June 2015 18 Sep 2015 $0.22870839 $0.04129161 $0.27000000 $13.4442 suspended suspended Interim 31 Dec 2014 18 Mar 2015 $0.23972895 $0.03027105 $0.27000000 $16.8660 suspended suspended Final 30 Jun 2014 22 Sep 2014 $0.41953477 $0.07046523 $0.49000000 $14.0832 suspended suspended Interim 31 Dec 2013 21 Mar 2014 $0.17500105 $0.04499895 $0.22000000 $11.4734 suspended suspended Final 30 Jun 2013 27 Sep 2013 $0.19009245 $0.00990755 $0.20000000 $9.9458 suspended suspended Interim 31 Dec 2012 27 Mar 2013 $0.21845565 $0.00154435 $0.22000000 $10.1968 suspended suspended Final 30 Jun 2012 30 Sep 2012 $0.22000000 N/A $0.22000000 $7.7882 suspended suspended Interim 31 Dec 2011 30 Mar 2012 $0.16000000 N/A $0.16000000 $7.4943 suspended suspended Final 30 Jun 2011 30 Sep 2011 $0.15000000 N/A $0.15000000 $7.2820 suspended suspended Interim 31 Dec 2010 30 Mar 2011 $0.20000000 N/A $0.20000000 $8.4298 suspended suspended Final 30 Jun 2010 24 Sep 2010 $0.12000000 N/A $0.12000000 suspended suspended suspended Interim 31 Dec 2009 31 Mar 2010 $0.20000000 N/A $0.20000000 suspended suspended suspended In specie N/A 20 Nov 2009 $0.00100000 N/A $0.00100000 N/A suspended suspended * The shares of Lendlease Corporation and the units in Lendlease Trust were combined as stapled securities on 12 November 2009 Final N/A 25 Sept 2009 $0.16000000 N/A $0.16000000 $9.4997 suspended suspended Interim N/A 01 Apr 2009 $0.25000000 N/A $0.25000000 $5.292 suspended suspended Final N/A 26 Sept 2008 $0.34000000 N/A $0.34000000 $9.264 suspended suspended Interim N/A 26 Mar 2008 $0.43000000 N/A $0.43000000 suspended suspended suspended Final N/A 12 Sept 2007 $0.42000000 N/A $0.42000000 suspended suspended suspended Interim N/A 27 Mar 2007 $0.35000000 N/A $0.35000000 suspended suspended suspended Final N/A 13 Sept 2006 $0.31000000 N/A $0.31000000 suspended $15.50 suspended Interim N/A 14 Mar 2006 $0.30000000 N/A $0.30000000 suspended $13.32 suspended Final N/A 14 Sep 2005 $0.29000000 N/A $0.29000000 suspended $13.14 suspended Interim N/A 08 Mar 2005 $0.28000000 N/A $0.28000000 suspended suspended suspended Final N/A 15 Sep 2004 $0.26000000 N/A $0.26000000 suspended suspended suspended Interim N/A 17 Mar 2004 $0.18000000 N/A $0.18000000 suspended suspended suspended Final N/A 18 Sep 2003 $0.20000000 N/A $0.20000000 $10.64 suspended suspended Interim N/A 19 Mar 2003 $0.10000000 N/A $0.10000000 $8.71 $8.71 $8.71 Final N/A 19 Sep 2002 $0.09000000 N/A $0.09000000 $11.02 $11.02 $11.02 Interim N/A 20 Mar 2002 $0.09000000 N/A $0.09000000 $11.79 $11.79 $11.79 Final N/A 13 Sep 2001 $0.08000000 N/A $0.08000000 $10.97 suspended $10.97 Interim N/A 14 Mar 2001 $0.13000000 N/A $0.13000000 $14.85 suspended $14.85 Final N/A 14 Sep 2000 $0.32000000 N/A $0.32000000 $19.82 $19.82 suspended Interim N/A 15 Mar 2000 $0.32000000 N/A $0.32000000 $20.34 $20.34 $20.34 Final N/A 16 Sep 1999 $0.31000000 N/A $0.31000000 $19.66 $19.66 $19.66 Interim N/A 17 Mar 1999 $0.29000000 N/A $0.29000000 $21.46 $21.46 $21.46 Final N/A 17 Sep 1998 $0.54000000 N/A $0.54000000 $34.12 $34.12 $34.12 Interim N/A 18 Mar 1998 $0.53000000 N/A $0.53000000 $35.06 $35.06 $35.06 Final N/A 18 Sep 1997 $0.50000000 N/A $0.50000000 $30.48 $30.48 $30.48 Interim N/A 19 Mar 1997 $0.48000000 N/A $0.48000000 $23.41 $23.41 $23.41 Final N/A 01 Nov 1996 $0.47000000 N/A $0.47000000 $20.71 $20.71 $20.71 *Share Purchase Plan introduced Interim N/A 29 Mar 1996 $0.43000000 N/A $0.43000000 $17.47 $17.47 N/A Final N/A 03 Nov 1995 $0.38000000 N/A $0.38000000 $16.89 $16.89 N/A 2nd Interim N/A 28 Jun 1995 $0.11000000 N/A $0.11000000 $16.84 $16.84 N/A Interim N/A 31 Mar 1995 $0.36000000 N/A $0.36000000 $15.08 $15.08 N/A Final N/A 28 Oct 1994 $0.36000000 N/A $0.36000000 $15.18 $15.18 N/A 2nd Interim N/A 27 Jun 1994 $0.10000000 N/A $0.10000000 $15.10 $15.10 N/A Interim N/A 13 Apr 1994 $0.34000000 N/A $0.34000000 $16.10 $16.10 N/A Final N/A 22 Oct 1993 $0.33000000 N/A $0.33000000 suspended suspended N/A Special N/A 15 Jul 1993 $0.10000000 N/A $0.10000000 $12.79 $12.79 N/A Interim N/A 29 Mar 1993 $0.33000000 N/A $0.33000000 suspended suspended N/A Final N/A 23 Oct 1992 $0.33000000 N/A $0.33000000 suspended suspended N/A Special N/A 16 Jul 1992 $0.08000000 N/A $0.08000000 $14.16 $14.16 suspended Interim N/A 30 Mar 1992 $0.32000000 N/A $0.32000000 suspended suspended N/A Final N/A 23 Oct 1991 $0.32000000 N/A $0.32000000 $14.24 $14.24 N/A Special N/A 26 Jun 1991 $0.08000000 N/A $0.08000000 $14.42 $14.42 N/A Interim N/A 03 Apr 1991 $0.31000000 N/A $0.31000000 $12.72 $12.72 N/A Final N/A 19 Oct 1990 $0.31000000 N/A $0.31000000 $11.04 $11.04 N/A Special N/A 27 Jun 1990 $0.10000000 N/A $0.10000000 $11.90 $11.57 N/A Interim N/A 30 Mar 1990 $0.29000000 N/A $0.29000000 $11.47 $11.15 N/A Final N/A 27 Oct 1989 $0.27000000 N/A $0.27000000 $10.92 $10.62 N/A Special N/A 26 Jun 1989 $0.15000000 N/A $0.15000000 $7.50 $7.50 N/A Interim N/A 31 Mar 1989 $0.27000000 N/A $0.27000000 $8.45 $8.21 N/A Bonus N/A 28 Oct 1988 $0.50000000 N/A $0.50000000 $10.10 $9.82 N/A Final N/A 28 Oct 1988 $0.27000000 N/A $0.27000000 $10.10 $9.82 N/A Interim N/A 25 Mar 1988 0.23000000 N/A 0.23000000 $10.79 $10.49 N/A *Share Election Plan introduced Final N/A 14 Oct 1987 $0.23000000 N/A $0.23000000 $16.33 N/A N/A Interim N/A 27 Mar 1987 $0.22000000 N/A $0.22000000 $11.65 N/A N/A Final N/A 31 Oct 1986 $0.20000000 N/A $0.20000000 $7.59 N/A N/A Interim N/A 27 Mar 1986 $0.16000000 N/A $0.16000000 $7.49 N/A N/A Final N/A 21 Oct 1985 $0.16000000 N/A $0.16000000 $5.62 N/A N/A (1 ) The total Lendlease Group distribution is comprised of the Lendlease Corporation dividend and the Lendlease Trust distribution (A + B = C). -
Lendlease Corporation Dividend History
DIVIDEND PAYMENT DATE DIVIDEND PER SHARE DATE FRANKING PERCENTAGE COMPANY TAX RATE CFI PERCENTAGE1 Final 18-Sep-24 $0.03162870 100% 30% N/A Interim 13-Mar-24 $0.00000000 N/A N/A N/A Final 13-Sep-23 $0.04656179 100% 30% N/A Interim 8-Mar-23 $0.00000000 N/A N/A N/A Final 21-Sep-22 $0.05704257 75% 30% 100% Interim 16-Mar-22 $0.00000000 N/A N/A N/A Final 15-Sep-21 $0.07941097 Nil 30% 100% Interim 17-Mar-21 $0.11160653 50% 30% 100% Final 15-Sep-20 $0.00000000 N/A N/A N/A Interim 17-Mar-20 $0.22084552 Nil 30% 60% Final 16-Sept-19 $0.09504143 Nil 30% 100% Interim 20-Mar-19 $0.00000000 N/A N/A N/A Final 21-Sep-18 $0.30327100 Nil 30% 60% Interim 22-Mar-18 $0.29432230 Nil 30% 100% Final 20-Sep-17 $0.28419521 Nil 30% 100% Interim 24-Mar-17 $0.29762322 Nil 30% 100% Final 14-Sep-16 $0.27475110 Nil 30% 100% Interim 15-Mar-16 $0.21350462 Nil 30% 100% Final 18-Sep-15 $0.22870839 25% 30% 100% Interim 18-Mar-15 $0.23972895 Nil 30% 100% Final 22-Sep-14 $0.41953477 Nil 30% 100% Interim 21-Mar-14 $0.17500105 Nil 30% 100% Final 27-Sep-13 $0.19009245 Nil 30% 100% Interim 27-Mar-13 $0.21845565 Nil 30% 100% Final 30-Sep-12 $0.22000000 Nil 30% 100% Interim 30-Mar-12 $0.16000000 Nil 30% 100% Final 30-Sep-11 $0.15000000 Nil 30% 100% Interim 30-Mar-11 $0.20000000 50% 30% 100% Final 24-Sep-10 $0.12000000 100% 30% N/A Interim 31-Mar-10 $0.20000000 100% 30% N/A * The shares of Lendlease Corporation and the units in Lendlease Trust were combined as stapled securities on 12 November 2009 In specie 20-Nov-09 $0.00100000 100% 30% N/A Final 25-Sep-09 $0.16000000 100% 30% N/A Interim 1-Apr-09 $0.25000000 60% 30% 100% Final 26-Sep-08 $0.34000000 45% 30% 100% Interim 26-Mar-08 $0.43000000 40% 30% 100% Final 12-Sep-07 $0.42000000 50% 30% 100% Interim 27-Mar-07 $0.35000000 500% 30% 100% Final 13-Sep-06 $0.31000000 100% 30% N/A Interim 14-Mar-06 $0.30000000 100% 30% N/A Final 14-Sep-05 $0.29000000 100% 30% N/A Interim 8-Mar-05 $0.28000000 Nil N/A 100% Final 15-Sep-04 $0.26000000 Nil N/A 100% Interim 17-Mar-04 $0.18000000 Nil N/A 100% Final 18-Sep-03 $0.20000000 Nil N/A 100% Interim 19-Mar-03 $0.10000000 100% 30% N/A Final 19-Sep-02 $0.09000000 100% 30% N/A Interim 20-Mar-02 $0.09000000 100% 30% N/A Final 13-Sep-01 $0.08000000 100% 30% N/A Interim 14-Mar-01 $0.13000000 Nil N/A N/A Final 14-Sep-00 $0.32000000 100% 34% Class C N/A Interim 15-Mar-00 $0.32000000 100% 36% Class C N/A Final 16-Sep-99 $0.31000000 100% 36% Class C N/A *September 1999 - Residual cash dividend for DRP introduced Interim 31-Mar-99 $0.29000000 100% 36% Class C N/A *December 1998 - One for one bonus share issue Final 17-Sep-98 $0.54000000 100% 36% Class C N/A Interim 18-Mar-98 $0.53000000 100% 36% Class C N/A Final 18-Sep-97 $0.50000000 100% 36% Class C N/A Interim 19-Mar-97 $0.48000000 100% 36% Class C N/A Final 1-Nov-96 $0.47000000 100% 36% Class C N/A Interim 29-Mar-96 $0.43000000 100% 36% Class C N/A Final 3-Nov-95 $0.38000000 100% 39% Class A N/A 2nd Interim 28-Jun-95 $0.11000000 100% 39% Class A N/A Interim 31-Mar-95 $0.36000000 100% 39% Class A N/A Final 28-Oct-94 $0.36000000 100% 39% N/A 2nd Interim 27-Jun-94 $0.10000000 100% 39% N/A Interim 13-Apr-94 $0.34000000 100% 39% N/A Final 22-Oct-93 $0.33000000 100% 39% N/A Special 15-Jul-93 $0.10000000 Nil N/A N/A Interim 29-Mar-93 $0.33000000 100% 39% N/A Final 23-Oct-92 $0.33000000 100% 39% N/A Special 16-Jul-92 $0.08000000 Nil N/A N/A Interim 30-Mar-92 $0.32000000 100% 39% N/A Final 23-Oct-91 $0.32000000 100% 39% N/A Special 26-Jun-91 $0.80000000 100% 39% N/A 3-May-91 One for ten new issue at $12.00 per share Interim 3-Apr-91 $0.31000000 100% 39% N/A Final 19-Oct-90 $0.31000000 100% 39% N/A Special 27-Jun-90 $0.10000000 100% 39% N/A Interim 30-Mar-90 $0.29000000 100% 39% N/A Final 27-Oct-89 $0.27000000 100% 39% N/A 24-Jul-89 One for ten new issue at $7.50 per share Special 26-Jun-89 $0.15000000 100% 49% N/A Interim 31-Mar-99 $0.27000000 100% 49% N/A Bonus 28-Oct-88 $0.50000000 100% 49% N/A Final 28-Oct-88 $0.50000000 100% 49% N/A 28-Oct-88 One for ten bonus share issue from Share Premium Reserve Interim 25-Mar-88 $0.23000000 100% 49% N/A Final 14-Oct-87 $0.23000000 100% 49% N/A *July 1987 - Dividend Imputation System introduced in Australia Interim 27-Mar-87 $0.22000000 N/A N/A N/A Final 31-Oct-86 $0.20000000 N/A N/A N/A Interim 27-Mar-86 $0.16000000 N/A N/A N/A 29-Oct-85 One for ten new issue at $4.00 per share Final 21-Oct-85 $0.16000000 N/A N/A N/A 1CFI percentage is the amount of the unfranked dividend declared to be conduit foreign income. - Lendlease Trust Distribution History
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Distribution
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Share Plan
As a Lendlease securityholder, you are able to reinvest the dividends from your Lendlease securities to acquire more Lendlease securities through the Dividend Reinvestment Plan (DRP) or the Share Election Plan (SEP).
You may also make contributions of between $500 and $2,500 to acquire new Lendlease securities under the Share Purchase Plan (SPP). Unless the SPP is suspended, each time we pay a half-year or final dividend we will send you an SPP application form.
Together, the DRP, SEP and SPP constitute the Lendlease Share Accumulation Plan (SAP). The SAP is designed to be a convenient way for you to build your securityholding without incurring transaction costs. You do not have to participate in any part of the SAP. If you wish to participate, you may participate in any part or all parts. -
Taxation
The Lendlease Group will produce an Annual Taxation Statement for all securityholders who received a distribution from the Group during the relevant financial year.
The 2024 Annual Taxation Statements will be mailed to investors in late September 2024. The 2024 Annual Taxation Statement should be read in conjunction with the Lendlease 2024 Tax Return Guide to assist in the completion of your tax return. The Lendlease 2024 Tax Return Guide is available for download below.
Australian Capital Gains Tax Considerations
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Lendlease
Following shareholder approval on 12 November 2009 the shares of Lendlease Corporation Limited ("LLC") and the units in Lendlease Trust ("LLT") were combined as stapled securities. From 13 November 2009 the shares in the Company and units in the Trust have been traded as one security under the name of Lendlease Group on the Australian Securities Exchange. LLT was 100% owned by the Company prior to approval of the stapling proposal. Units in LLT were distributed on 20 November 2009 to LLC shareholders as fully franked 'in specie' dividend with a value of 0.1 cent each. That value becomes the initial CGT cost base in each LLT unit distributed 'in specie' to effect the stapling.
Further details in relation to the stapling are available in the Explanatory Statement dated 12 October 2009. -
Capital Reallocations
LLC has undertaken two capital reallocations, by way of a return of capital on each LLC share that is applied as additional capital on the stapled LLT unit.
Effective Date Total Capital Rellocated Cents Per Security 26 November 2012 $500.3m 87.10688 21 November 2014 $400.50m 69.099769 Each capital reallocation results in a change in the CGT cost base of each LLC share and LLT unit held at that time, with the reduction in CGT cost base in the LLC share being equal to the increase in CGT cost base for the LLT unit.
Further details in relation to the capital reallocations are available in the Explanatory Statements dated 15 October 2012 and 15 October 2014.
The Australian Taxation Office has published Class Rulings in relation to each capital reallocation. Please refer to the following links for 2012 ATO Class Ruling and 2014 ATO Class Ruling. -
Cost Base in LLT Unit
If you received LLT units as part of the stapling transaction then the original CGT cost base in those LLT units was 0.1 cent each. Note, that there was no reduction in the CGT cost base in your LLC shares as part of the stapling proposal.
In relation to Lendlease Group stapled securities acquired for $7.70 per new security under the 5 for 22 renounceable entitled offer completed in March 2010, an amount of 0.1 cent was allocated to the LLT unit. Accordingly, the original CGT cost base in those LLT units was 0.1 cent each.
For Lendlease Group stapled securities acquired under the Distribution Reinvestment Plan in March 2011, September 2011, March 2012 or September 2012 the original CGT cost base in those LLT units issued was 0.1 cent each.
Where a Lendlease Group stapled security is disposed of on or after 26 November 2012 the impact of the first Capital Reallocation must be taken into account. If a Lendlease Group stapled security is disposed on or after 21 November 2014 the impact of both the first and second Capital Reallocation must be taken into account.
LLT units that you held at the time of the first Capital Reallocation on 26 November 2012 will have an increase in CGT cost base of 87.106880 cents per unit and LLT units that you held at the time of the second Capital Reallocation on 21 November 2014 will have an increase in CGT cost base of 69.099769 cents per unit.
For Lendlease Group stapled securities issued to you for $9.80 each under the Placement announced in April 2020 or the Securities Purchase Plan in May 2020 the issue price of $9.80 will need to be apportioned to determine your CGT cost base in the LLC share and LLT unit.
The Australian Taxation Office has published a Class Ruling confirming the aggregate cost base of $9.80 for stapled securities acquired under the capital raising and accepting that a reasonable basis for apportioning the $9.80 as between the LLC share and the LLT unit results from using the relative Net Assets of the individual entities as at 30 June 2020. Please refer to the following links for CR 2020/48. -
Cost Base in LLC Share
The CGT cost base in a LLC share you hold is generally the amount you paid to acquire it, plus incidental costs.
LLC shares that you held at the time of the first Capital Reallocation on 26 November 2012 will have a reduction in CGT cost base of 87.106880 cents per share. LLC shares that you held at the time of the second Capital Reallocation on 21 November 2014 will have a reduction in CGT cost base of 69.099769 cents per share. As noted above, the amount paid under the Placement in April 2020 or the Securities Purchase Plan in May 2020 will need to be apportioned between the LLC share and LLT unit. -
Net Assets Split
For the period from 13 November 2009 to 30 June 2024, the relative net assets of a Lendlease Group stapled security, taking into account the Capital Reallocations on 26 November 2012 and 21 November 2014, are as follows:
From: To: LLC Share LLT Unit 13/11/2009 31/12/2009 99.97% 0.03% 1/01/2010 30/06/2010 99.98% 0.02% 1/07/2010 31/12/2010 99.98% 0.02% 1/01/2011 30/06/2011 99.98% 0.02% 1/07/2011 31/12/2011 99.98% 0.02% 1/01/2012 30/06/2012 99.98% 0.02% 1/07/2012 25/11/2012 99.98% 0.02% 26/11/2012 31/12/2012 87.72% 12.28% 1/01/2013 30/06/2013 88.31% 11.69% 1/07/2013 31/12/2013 88.64% 11.36% 1/01/2014 30/06/2014 89.46% 10.54% 1/07/2014 20/11/2014 89.01% 10.99% 21/11/2014 31/12/2014 80.93% 19.07% 1/01/2015 30/06/2015 81.27% 18.73% 1/07/2015 31/12/2015 81.04% 18.96% 1/01/2016 30/06/2016 81.32% 18.68% 1/07/2016 31/12/2016 81.72% 18.28% 1/01/2017 30/06/2017 81.89% 18.11% 1/07/2017 31/12/2017 81.29% 18.71% 1/01/2018 30/06/2018 80.56% 19.44% 1/07/2018 31/12/2018 78.43% 21.57% 1/01/2019 30/06/2019 81.41% 18.59% 1/07/2019 31/12/2019 82.08% 17.92% 1/01/2020 27/04/2020 80.44% 19.56% 28/04/2020 30/06/2020 74.67% 25.33% 1/07/2020 31/12/2020 74.99% 25.01% 1/01/2021 30/06/2021 74.28% 25.72% 1/07/2021 31/12/2021 72.65% 27.35% 1/01/2022 30/06/2022 73.21% 26.79% 01/07/2022 31/12/2022 72.20% 27.80% 01/01/2023 30/06/2023 71.96% 28.04% 01/07/2023 31/12/2023 71.21% 28.79% 01/01/2024 30/06/2024 64.38% 35.62% -
Important Information for US Securityholders
U.S. securityholders are advised to consult their own tax advisers with respect to the consequences of holding and disposing of Lendlease securities, particularly having regard to the U.S. passive foreign investment company (“PFIC”) rules.
U.S. “check-the-box” (“CTB”) tax election
Some entities Lendlease Trust has invested in have made a U.S. check-the-box (“CTB”) tax election. There may be U.S. tax consequences for U.S. securityholders. U.S. securityholders should seek their own tax advice in respect of the impact of these elections.
If you have any enquiries, please contact Lendlease at InvestorRelations@lendlease.com.
Lendlease Trust - Attribution Managed Investment Trust Regime
Lendlease Responsible Entity Limited (LLREL) as Trustee for Lendlease Trust has made a choice for the purposes of section 276-10(1)(e)(i) of the Income Tax Assessment Act 1997 for Lendlease Trust to enter the new Attribution Managed Investment Trust regime with effect from 1 July 2016.
A Q&A in respect of AMIT is available below. Securityholders are advised to consult their own tax advisers in respect of the impact of this election.
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Lendlease
- Tax Transparency
View the historical distribution, dividend history for Lendlease Corporation, and distribution history for Lendlease Trust.
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Distribution
A B C DISTRIBUTION PERIOD ENDING PAYMENT
DATELENDLEASE CORPORATION
DIVIDENDLENDLEASE
TRUST DISTRIBUTIONTOTAL DISTRIBUTION
PER SECURITY(1)DRP PRICE SEP PRICE SPP PRICE Final 30-Jun-24 18-Sep-24 $0.03162870 $0.06349740 $0.09512610 $6.6843 suspended suspended Interim 31-Dec-23 13-Mar-24 $0.00000000 $0.06487390 $0.06487390 $6.2588 suspended suspended Final 30-Jun-23 13-Sep-23 $0.04656179 $0.06443780 $0.11099959 $7.6526 suspended suspended Interim 31-Dec-22 8-Mar-23 $0.00000000 $0.04900041 $0.04900041 $7.6249 suspended suspended Final 30-Jun-22 21-Sep-22 $0.05704257 $0.05295743 $0.11000000 $10.1701 suspended suspended Interim 31-Dec-21 16-Mar-22 $0.00000000 $0.05022285 $0.05022285 $10.2295 suspended suspended Final 30-Jun-21 15-Sep-2021 $0.07941097 $0.04058903 $0.12000000 $12.1116 suspended suspended Interim 31-Dec-20 17-Mar-21 $0.11160653 $0.03839347 $0.15000000 $13.5507 suspended suspended Final 30-Jun-20 15-Sep-20 $0.0000000 $0.03256263 $0.03256263 $11.2316 suspended suspended Interim 31-Dec-19 17-Mar-20 $0.22084552 $0.07915448 $0.30000000 $17.5957 suspended suspended Final 30-Jun-19 16-Sep-19 $0.09504143 $0.20495857 $0.30000000 $16.8545 suspended suspended Interim 31-Dec-18 20-Mar-19 $0.00000000 $0.12000000 $0.12000000 $13.0846 suspended suspended Final 30-Jun-18 21-Sep-18 $0.30327100 $0.04672900 $0.35000000 $19.7183 suspended suspended Interim 31-Dec-17 22-Mar-18 $0.29432230 $0.04567770 $0.34000000 $17.7651 suspended suspended Final 30 Jun 2017 20 Sep 2017 $0.28419521 $0.04580479 $0.33000000 $16.6231 suspended suspended Interim 31 Dec 2016 24 Mar 2017 $0.29762322 $0.03237678 $0.33000000 $15.1399 suspended suspended Final 30 Jun 2016 14 Sep 2016 $0.27475110 $0.02524890 $0.30000000 $13.8994 suspended suspended Interim 31 Dec 2015 15 Mar 2016 $0.21350462 $0.08649538 $0.30000000 $13.2604 suspended suspended Final 30 June 2015 18 Sep 2015 $0.22870839 $0.04129161 $0.27000000 $13.4442 suspended suspended Interim 31 Dec 2014 18 Mar 2015 $0.23972895 $0.03027105 $0.27000000 $16.8660 suspended suspended Final 30 Jun 2014 22 Sep 2014 $0.41953477 $0.07046523 $0.49000000 $14.0832 suspended suspended Interim 31 Dec 2013 21 Mar 2014 $0.17500105 $0.04499895 $0.22000000 $11.4734 suspended suspended Final 30 Jun 2013 27 Sep 2013 $0.19009245 $0.00990755 $0.20000000 $9.9458 suspended suspended Interim 31 Dec 2012 27 Mar 2013 $0.21845565 $0.00154435 $0.22000000 $10.1968 suspended suspended Final 30 Jun 2012 30 Sep 2012 $0.22000000 N/A $0.22000000 $7.7882 suspended suspended Interim 31 Dec 2011 30 Mar 2012 $0.16000000 N/A $0.16000000 $7.4943 suspended suspended Final 30 Jun 2011 30 Sep 2011 $0.15000000 N/A $0.15000000 $7.2820 suspended suspended Interim 31 Dec 2010 30 Mar 2011 $0.20000000 N/A $0.20000000 $8.4298 suspended suspended Final 30 Jun 2010 24 Sep 2010 $0.12000000 N/A $0.12000000 suspended suspended suspended Interim 31 Dec 2009 31 Mar 2010 $0.20000000 N/A $0.20000000 suspended suspended suspended In specie N/A 20 Nov 2009 $0.00100000 N/A $0.00100000 N/A suspended suspended * The shares of Lendlease Corporation and the units in Lendlease Trust were combined as stapled securities on 12 November 2009 Final N/A 25 Sept 2009 $0.16000000 N/A $0.16000000 $9.4997 suspended suspended Interim N/A 01 Apr 2009 $0.25000000 N/A $0.25000000 $5.292 suspended suspended Final N/A 26 Sept 2008 $0.34000000 N/A $0.34000000 $9.264 suspended suspended Interim N/A 26 Mar 2008 $0.43000000 N/A $0.43000000 suspended suspended suspended Final N/A 12 Sept 2007 $0.42000000 N/A $0.42000000 suspended suspended suspended Interim N/A 27 Mar 2007 $0.35000000 N/A $0.35000000 suspended suspended suspended Final N/A 13 Sept 2006 $0.31000000 N/A $0.31000000 suspended $15.50 suspended Interim N/A 14 Mar 2006 $0.30000000 N/A $0.30000000 suspended $13.32 suspended Final N/A 14 Sep 2005 $0.29000000 N/A $0.29000000 suspended $13.14 suspended Interim N/A 08 Mar 2005 $0.28000000 N/A $0.28000000 suspended suspended suspended Final N/A 15 Sep 2004 $0.26000000 N/A $0.26000000 suspended suspended suspended Interim N/A 17 Mar 2004 $0.18000000 N/A $0.18000000 suspended suspended suspended Final N/A 18 Sep 2003 $0.20000000 N/A $0.20000000 $10.64 suspended suspended Interim N/A 19 Mar 2003 $0.10000000 N/A $0.10000000 $8.71 $8.71 $8.71 Final N/A 19 Sep 2002 $0.09000000 N/A $0.09000000 $11.02 $11.02 $11.02 Interim N/A 20 Mar 2002 $0.09000000 N/A $0.09000000 $11.79 $11.79 $11.79 Final N/A 13 Sep 2001 $0.08000000 N/A $0.08000000 $10.97 suspended $10.97 Interim N/A 14 Mar 2001 $0.13000000 N/A $0.13000000 $14.85 suspended $14.85 Final N/A 14 Sep 2000 $0.32000000 N/A $0.32000000 $19.82 $19.82 suspended Interim N/A 15 Mar 2000 $0.32000000 N/A $0.32000000 $20.34 $20.34 $20.34 Final N/A 16 Sep 1999 $0.31000000 N/A $0.31000000 $19.66 $19.66 $19.66 Interim N/A 17 Mar 1999 $0.29000000 N/A $0.29000000 $21.46 $21.46 $21.46 Final N/A 17 Sep 1998 $0.54000000 N/A $0.54000000 $34.12 $34.12 $34.12 Interim N/A 18 Mar 1998 $0.53000000 N/A $0.53000000 $35.06 $35.06 $35.06 Final N/A 18 Sep 1997 $0.50000000 N/A $0.50000000 $30.48 $30.48 $30.48 Interim N/A 19 Mar 1997 $0.48000000 N/A $0.48000000 $23.41 $23.41 $23.41 Final N/A 01 Nov 1996 $0.47000000 N/A $0.47000000 $20.71 $20.71 $20.71 *Share Purchase Plan introduced Interim N/A 29 Mar 1996 $0.43000000 N/A $0.43000000 $17.47 $17.47 N/A Final N/A 03 Nov 1995 $0.38000000 N/A $0.38000000 $16.89 $16.89 N/A 2nd Interim N/A 28 Jun 1995 $0.11000000 N/A $0.11000000 $16.84 $16.84 N/A Interim N/A 31 Mar 1995 $0.36000000 N/A $0.36000000 $15.08 $15.08 N/A Final N/A 28 Oct 1994 $0.36000000 N/A $0.36000000 $15.18 $15.18 N/A 2nd Interim N/A 27 Jun 1994 $0.10000000 N/A $0.10000000 $15.10 $15.10 N/A Interim N/A 13 Apr 1994 $0.34000000 N/A $0.34000000 $16.10 $16.10 N/A Final N/A 22 Oct 1993 $0.33000000 N/A $0.33000000 suspended suspended N/A Special N/A 15 Jul 1993 $0.10000000 N/A $0.10000000 $12.79 $12.79 N/A Interim N/A 29 Mar 1993 $0.33000000 N/A $0.33000000 suspended suspended N/A Final N/A 23 Oct 1992 $0.33000000 N/A $0.33000000 suspended suspended N/A Special N/A 16 Jul 1992 $0.08000000 N/A $0.08000000 $14.16 $14.16 suspended Interim N/A 30 Mar 1992 $0.32000000 N/A $0.32000000 suspended suspended N/A Final N/A 23 Oct 1991 $0.32000000 N/A $0.32000000 $14.24 $14.24 N/A Special N/A 26 Jun 1991 $0.08000000 N/A $0.08000000 $14.42 $14.42 N/A Interim N/A 03 Apr 1991 $0.31000000 N/A $0.31000000 $12.72 $12.72 N/A Final N/A 19 Oct 1990 $0.31000000 N/A $0.31000000 $11.04 $11.04 N/A Special N/A 27 Jun 1990 $0.10000000 N/A $0.10000000 $11.90 $11.57 N/A Interim N/A 30 Mar 1990 $0.29000000 N/A $0.29000000 $11.47 $11.15 N/A Final N/A 27 Oct 1989 $0.27000000 N/A $0.27000000 $10.92 $10.62 N/A Special N/A 26 Jun 1989 $0.15000000 N/A $0.15000000 $7.50 $7.50 N/A Interim N/A 31 Mar 1989 $0.27000000 N/A $0.27000000 $8.45 $8.21 N/A Bonus N/A 28 Oct 1988 $0.50000000 N/A $0.50000000 $10.10 $9.82 N/A Final N/A 28 Oct 1988 $0.27000000 N/A $0.27000000 $10.10 $9.82 N/A Interim N/A 25 Mar 1988 0.23000000 N/A 0.23000000 $10.79 $10.49 N/A *Share Election Plan introduced Final N/A 14 Oct 1987 $0.23000000 N/A $0.23000000 $16.33 N/A N/A Interim N/A 27 Mar 1987 $0.22000000 N/A $0.22000000 $11.65 N/A N/A Final N/A 31 Oct 1986 $0.20000000 N/A $0.20000000 $7.59 N/A N/A Interim N/A 27 Mar 1986 $0.16000000 N/A $0.16000000 $7.49 N/A N/A Final N/A 21 Oct 1985 $0.16000000 N/A $0.16000000 $5.62 N/A N/A (1 ) The total Lendlease Group distribution is comprised of the Lendlease Corporation dividend and the Lendlease Trust distribution (A + B = C). -
Lendlease Corporation Dividend History
DIVIDEND PAYMENT DATE DIVIDEND PER SHARE DATE FRANKING PERCENTAGE COMPANY TAX RATE CFI PERCENTAGE1 Final 18-Sep-24 $0.03162870 100% 30% N/A Interim 13-Mar-24 $0.00000000 N/A N/A N/A Final 13-Sep-23 $0.04656179 100% 30% N/A Interim 8-Mar-23 $0.00000000 N/A N/A N/A Final 21-Sep-22 $0.05704257 75% 30% 100% Interim 16-Mar-22 $0.00000000 N/A N/A N/A Final 15-Sep-21 $0.07941097 Nil 30% 100% Interim 17-Mar-21 $0.11160653 50% 30% 100% Final 15-Sep-20 $0.00000000 N/A N/A N/A Interim 17-Mar-20 $0.22084552 Nil 30% 60% Final 16-Sept-19 $0.09504143 Nil 30% 100% Interim 20-Mar-19 $0.00000000 N/A N/A N/A Final 21-Sep-18 $0.30327100 Nil 30% 60% Interim 22-Mar-18 $0.29432230 Nil 30% 100% Final 20-Sep-17 $0.28419521 Nil 30% 100% Interim 24-Mar-17 $0.29762322 Nil 30% 100% Final 14-Sep-16 $0.27475110 Nil 30% 100% Interim 15-Mar-16 $0.21350462 Nil 30% 100% Final 18-Sep-15 $0.22870839 25% 30% 100% Interim 18-Mar-15 $0.23972895 Nil 30% 100% Final 22-Sep-14 $0.41953477 Nil 30% 100% Interim 21-Mar-14 $0.17500105 Nil 30% 100% Final 27-Sep-13 $0.19009245 Nil 30% 100% Interim 27-Mar-13 $0.21845565 Nil 30% 100% Final 30-Sep-12 $0.22000000 Nil 30% 100% Interim 30-Mar-12 $0.16000000 Nil 30% 100% Final 30-Sep-11 $0.15000000 Nil 30% 100% Interim 30-Mar-11 $0.20000000 50% 30% 100% Final 24-Sep-10 $0.12000000 100% 30% N/A Interim 31-Mar-10 $0.20000000 100% 30% N/A * The shares of Lendlease Corporation and the units in Lendlease Trust were combined as stapled securities on 12 November 2009 In specie 20-Nov-09 $0.00100000 100% 30% N/A Final 25-Sep-09 $0.16000000 100% 30% N/A Interim 1-Apr-09 $0.25000000 60% 30% 100% Final 26-Sep-08 $0.34000000 45% 30% 100% Interim 26-Mar-08 $0.43000000 40% 30% 100% Final 12-Sep-07 $0.42000000 50% 30% 100% Interim 27-Mar-07 $0.35000000 500% 30% 100% Final 13-Sep-06 $0.31000000 100% 30% N/A Interim 14-Mar-06 $0.30000000 100% 30% N/A Final 14-Sep-05 $0.29000000 100% 30% N/A Interim 8-Mar-05 $0.28000000 Nil N/A 100% Final 15-Sep-04 $0.26000000 Nil N/A 100% Interim 17-Mar-04 $0.18000000 Nil N/A 100% Final 18-Sep-03 $0.20000000 Nil N/A 100% Interim 19-Mar-03 $0.10000000 100% 30% N/A Final 19-Sep-02 $0.09000000 100% 30% N/A Interim 20-Mar-02 $0.09000000 100% 30% N/A Final 13-Sep-01 $0.08000000 100% 30% N/A Interim 14-Mar-01 $0.13000000 Nil N/A N/A Final 14-Sep-00 $0.32000000 100% 34% Class C N/A Interim 15-Mar-00 $0.32000000 100% 36% Class C N/A Final 16-Sep-99 $0.31000000 100% 36% Class C N/A *September 1999 - Residual cash dividend for DRP introduced Interim 31-Mar-99 $0.29000000 100% 36% Class C N/A *December 1998 - One for one bonus share issue Final 17-Sep-98 $0.54000000 100% 36% Class C N/A Interim 18-Mar-98 $0.53000000 100% 36% Class C N/A Final 18-Sep-97 $0.50000000 100% 36% Class C N/A Interim 19-Mar-97 $0.48000000 100% 36% Class C N/A Final 1-Nov-96 $0.47000000 100% 36% Class C N/A Interim 29-Mar-96 $0.43000000 100% 36% Class C N/A Final 3-Nov-95 $0.38000000 100% 39% Class A N/A 2nd Interim 28-Jun-95 $0.11000000 100% 39% Class A N/A Interim 31-Mar-95 $0.36000000 100% 39% Class A N/A Final 28-Oct-94 $0.36000000 100% 39% N/A 2nd Interim 27-Jun-94 $0.10000000 100% 39% N/A Interim 13-Apr-94 $0.34000000 100% 39% N/A Final 22-Oct-93 $0.33000000 100% 39% N/A Special 15-Jul-93 $0.10000000 Nil N/A N/A Interim 29-Mar-93 $0.33000000 100% 39% N/A Final 23-Oct-92 $0.33000000 100% 39% N/A Special 16-Jul-92 $0.08000000 Nil N/A N/A Interim 30-Mar-92 $0.32000000 100% 39% N/A Final 23-Oct-91 $0.32000000 100% 39% N/A Special 26-Jun-91 $0.80000000 100% 39% N/A 3-May-91 One for ten new issue at $12.00 per share Interim 3-Apr-91 $0.31000000 100% 39% N/A Final 19-Oct-90 $0.31000000 100% 39% N/A Special 27-Jun-90 $0.10000000 100% 39% N/A Interim 30-Mar-90 $0.29000000 100% 39% N/A Final 27-Oct-89 $0.27000000 100% 39% N/A 24-Jul-89 One for ten new issue at $7.50 per share Special 26-Jun-89 $0.15000000 100% 49% N/A Interim 31-Mar-99 $0.27000000 100% 49% N/A Bonus 28-Oct-88 $0.50000000 100% 49% N/A Final 28-Oct-88 $0.50000000 100% 49% N/A 28-Oct-88 One for ten bonus share issue from Share Premium Reserve Interim 25-Mar-88 $0.23000000 100% 49% N/A Final 14-Oct-87 $0.23000000 100% 49% N/A *July 1987 - Dividend Imputation System introduced in Australia Interim 27-Mar-87 $0.22000000 N/A N/A N/A Final 31-Oct-86 $0.20000000 N/A N/A N/A Interim 27-Mar-86 $0.16000000 N/A N/A N/A 29-Oct-85 One for ten new issue at $4.00 per share Final 21-Oct-85 $0.16000000 N/A N/A N/A 1CFI percentage is the amount of the unfranked dividend declared to be conduit foreign income. - Lendlease Trust Distribution History
As a Lendlease securityholder, you are able to reinvest the dividends from your Lendlease securities to acquire more Lendlease securities through the Dividend Reinvestment Plan (DRP) or the Share Election Plan (SEP).
You may also make contributions of between $500 and $2,500 to acquire new Lendlease securities under the Share Purchase Plan (SPP). Unless the SPP is suspended, each time we pay a half-year or final dividend we will send you an SPP application form.
Together, the DRP, SEP and SPP constitute the Lendlease Share Accumulation Plan (SAP). The SAP is designed to be a convenient way for you to build your securityholding without incurring transaction costs. You do not have to participate in any part of the SAP. If you wish to participate, you may participate in any part or all parts.
The Lendlease Group will produce an Annual Taxation Statement for all securityholders who received a distribution from the Group during the relevant financial year.
The 2024 Annual Taxation Statements will be mailed to investors in late September 2024. The 2024 Annual Taxation Statement should be read in conjunction with the Lendlease 2024 Tax Return Guide to assist in the completion of your tax return. The Lendlease 2024 Tax Return Guide is available for download below.
Australian Capital Gains Tax Considerations
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Lendlease
Following shareholder approval on 12 November 2009 the shares of Lendlease Corporation Limited ("LLC") and the units in Lendlease Trust ("LLT") were combined as stapled securities. From 13 November 2009 the shares in the Company and units in the Trust have been traded as one security under the name of Lendlease Group on the Australian Securities Exchange. LLT was 100% owned by the Company prior to approval of the stapling proposal. Units in LLT were distributed on 20 November 2009 to LLC shareholders as fully franked 'in specie' dividend with a value of 0.1 cent each. That value becomes the initial CGT cost base in each LLT unit distributed 'in specie' to effect the stapling.
Further details in relation to the stapling are available in the Explanatory Statement dated 12 October 2009. -
Capital Reallocations
LLC has undertaken two capital reallocations, by way of a return of capital on each LLC share that is applied as additional capital on the stapled LLT unit.
Effective Date Total Capital Rellocated Cents Per Security 26 November 2012 $500.3m 87.10688 21 November 2014 $400.50m 69.099769 Each capital reallocation results in a change in the CGT cost base of each LLC share and LLT unit held at that time, with the reduction in CGT cost base in the LLC share being equal to the increase in CGT cost base for the LLT unit.
Further details in relation to the capital reallocations are available in the Explanatory Statements dated 15 October 2012 and 15 October 2014.
The Australian Taxation Office has published Class Rulings in relation to each capital reallocation. Please refer to the following links for 2012 ATO Class Ruling and 2014 ATO Class Ruling. -
Cost Base in LLT Unit
If you received LLT units as part of the stapling transaction then the original CGT cost base in those LLT units was 0.1 cent each. Note, that there was no reduction in the CGT cost base in your LLC shares as part of the stapling proposal.
In relation to Lendlease Group stapled securities acquired for $7.70 per new security under the 5 for 22 renounceable entitled offer completed in March 2010, an amount of 0.1 cent was allocated to the LLT unit. Accordingly, the original CGT cost base in those LLT units was 0.1 cent each.
For Lendlease Group stapled securities acquired under the Distribution Reinvestment Plan in March 2011, September 2011, March 2012 or September 2012 the original CGT cost base in those LLT units issued was 0.1 cent each.
Where a Lendlease Group stapled security is disposed of on or after 26 November 2012 the impact of the first Capital Reallocation must be taken into account. If a Lendlease Group stapled security is disposed on or after 21 November 2014 the impact of both the first and second Capital Reallocation must be taken into account.
LLT units that you held at the time of the first Capital Reallocation on 26 November 2012 will have an increase in CGT cost base of 87.106880 cents per unit and LLT units that you held at the time of the second Capital Reallocation on 21 November 2014 will have an increase in CGT cost base of 69.099769 cents per unit.
For Lendlease Group stapled securities issued to you for $9.80 each under the Placement announced in April 2020 or the Securities Purchase Plan in May 2020 the issue price of $9.80 will need to be apportioned to determine your CGT cost base in the LLC share and LLT unit.
The Australian Taxation Office has published a Class Ruling confirming the aggregate cost base of $9.80 for stapled securities acquired under the capital raising and accepting that a reasonable basis for apportioning the $9.80 as between the LLC share and the LLT unit results from using the relative Net Assets of the individual entities as at 30 June 2020. Please refer to the following links for CR 2020/48. -
Cost Base in LLC Share
The CGT cost base in a LLC share you hold is generally the amount you paid to acquire it, plus incidental costs.
LLC shares that you held at the time of the first Capital Reallocation on 26 November 2012 will have a reduction in CGT cost base of 87.106880 cents per share. LLC shares that you held at the time of the second Capital Reallocation on 21 November 2014 will have a reduction in CGT cost base of 69.099769 cents per share. As noted above, the amount paid under the Placement in April 2020 or the Securities Purchase Plan in May 2020 will need to be apportioned between the LLC share and LLT unit. -
Net Assets Split
For the period from 13 November 2009 to 30 June 2024, the relative net assets of a Lendlease Group stapled security, taking into account the Capital Reallocations on 26 November 2012 and 21 November 2014, are as follows:
From: To: LLC Share LLT Unit 13/11/2009 31/12/2009 99.97% 0.03% 1/01/2010 30/06/2010 99.98% 0.02% 1/07/2010 31/12/2010 99.98% 0.02% 1/01/2011 30/06/2011 99.98% 0.02% 1/07/2011 31/12/2011 99.98% 0.02% 1/01/2012 30/06/2012 99.98% 0.02% 1/07/2012 25/11/2012 99.98% 0.02% 26/11/2012 31/12/2012 87.72% 12.28% 1/01/2013 30/06/2013 88.31% 11.69% 1/07/2013 31/12/2013 88.64% 11.36% 1/01/2014 30/06/2014 89.46% 10.54% 1/07/2014 20/11/2014 89.01% 10.99% 21/11/2014 31/12/2014 80.93% 19.07% 1/01/2015 30/06/2015 81.27% 18.73% 1/07/2015 31/12/2015 81.04% 18.96% 1/01/2016 30/06/2016 81.32% 18.68% 1/07/2016 31/12/2016 81.72% 18.28% 1/01/2017 30/06/2017 81.89% 18.11% 1/07/2017 31/12/2017 81.29% 18.71% 1/01/2018 30/06/2018 80.56% 19.44% 1/07/2018 31/12/2018 78.43% 21.57% 1/01/2019 30/06/2019 81.41% 18.59% 1/07/2019 31/12/2019 82.08% 17.92% 1/01/2020 27/04/2020 80.44% 19.56% 28/04/2020 30/06/2020 74.67% 25.33% 1/07/2020 31/12/2020 74.99% 25.01% 1/01/2021 30/06/2021 74.28% 25.72% 1/07/2021 31/12/2021 72.65% 27.35% 1/01/2022 30/06/2022 73.21% 26.79% 01/07/2022 31/12/2022 72.20% 27.80% 01/01/2023 30/06/2023 71.96% 28.04% 01/07/2023 31/12/2023 71.21% 28.79% 01/01/2024 30/06/2024 64.38% 35.62% -
Important Information for US Securityholders
U.S. securityholders are advised to consult their own tax advisers with respect to the consequences of holding and disposing of Lendlease securities, particularly having regard to the U.S. passive foreign investment company (“PFIC”) rules.
U.S. “check-the-box” (“CTB”) tax election
Some entities Lendlease Trust has invested in have made a U.S. check-the-box (“CTB”) tax election. There may be U.S. tax consequences for U.S. securityholders. U.S. securityholders should seek their own tax advice in respect of the impact of these elections.
If you have any enquiries, please contact Lendlease at InvestorRelations@lendlease.com.
Lendlease Trust - Attribution Managed Investment Trust Regime
Lendlease Responsible Entity Limited (LLREL) as Trustee for Lendlease Trust has made a choice for the purposes of section 276-10(1)(e)(i) of the Income Tax Assessment Act 1997 for Lendlease Trust to enter the new Attribution Managed Investment Trust regime with effect from 1 July 2016.
A Q&A in respect of AMIT is available below. Securityholders are advised to consult their own tax advisers in respect of the impact of this election.
Securityholder enquiries
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