BWP Trust has announced an estimated unfranked distribution of AUD 0.09830000 per stapled security for the six-month period ending 30 June 2026. The actual amount will be confirmed on 19 August 2026 when the trust announces its half-year financial results.
From a timing perspective, the ex-date is 29 June 2026, the record date is 30 June 2026, and the payment date is 27 August 2026. Investors must hold units at the close of business on the record date to receive the distribution. The trust has provided approximately two months between the record date and payment date, allowing sufficient time for administration and processing.
The distribution’s entirely unfranked nature has significant implications for investors. With 0% franking and 100% classified as unfranked income, Australian taxpayers in higher income brackets will receive no franking credit benefit. Superannuation funds likewise receive no benefit from franking credits on this distribution. The trust notes that the distribution comprises a “fund payment” under Division 12-H of Schedule 1 of the Taxation of Financial Arrangement Rules, with full tax component details to be announced alongside confirmation of the final amount on 19 August 2026.
BWP Trust offers a full Dividend Reinvestment Plan for this distribution, allowing unitholders to reinvest distributions and increase their equity exposure without transacting in the open market. The DRP election date is Wednesday, 1 July 2026 at 5:00 PM. Investors interested in this option should submit their election by this deadline.
The distribution currently remains estimated, pending confirmation of final amounts in August. Investors should monitor the ASX announcement scheduled for 19 August 2026 for the confirmed distribution amount and tax components. This announcement is price sensitive and has been flagged as material by the ASX.
View the full ASX announcement (PDF)
About BWP Trust (ASX: BWP)
BWP Trust is an Australian real estate investment trust (REIT) that owns and manages large format warehouse and bulky goods retailing properties across Australia. The trust primarily focuses on Bunnings Warehouse properties leased to Bunnings Group Limited. Since its establishment in 1998, BWP Trust has become a significant holder of high-visibility commercial properties with arterial road access.
If you would like to discuss this announcement or how it might affect your portfolio, request a callback or call us on 1300 889 603.
