Intelligent Investor

Westfield Trust

By · 11 Aug 2000
By ·
11 Aug 2000
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Recommendation

ORDINARY/UNITS FULLY PAID STAPLED SECURITIES - WDC
Current price
$10.84 at 16:40 (16 July 2019)

Price at review
$3.16 at (11 August 2000)
All Prices are in AUD ($)
Westfield Trust - WFT
Current price
$4.53 at 12:30 (09 July 2014)

Price at review
$3.16 at (11 August 2000)
All Prices are in AUD ($)
In the six months to 30 June trust revenue was up 28.7% at $345.6m, which translated into distributions of $184.3m, up 15.4%. The interim distribution was 10.97 cents, up 3.1% on last year's interim payment. The company estimates that the tax advantaged portion will be 57.2%. Occupancy rates are more than 99%. As per issue 57 (Long Term Buy - $3.17), the units are a LONG TERM BUY.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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