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Stride Property Posts Higher Fiscal 2026 Adjusted FFO, Revenue Declines; Keeps Dividend Unchanged

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Stride Property (NZE:SPG) reported Thursday fiscal 2026 adjusted funds from operations of NZ$0.0754 per share, up from NZ$0.0748 a year earlier.

Analysts polled by FactSet expected NZ$0.07.

Revenue for the 12 months ended March 31 was NZ$81.8 million, down around 8.5% from a year earlier. Analysts surveyed by FactSet expected NZ$91 million.

The board declared a combined fiscal 2026 dividend of NZ$0.08 per share, unchanged from a year earlier. It also issued a combined cash dividend guidance of NZ$0.08 for fiscal 2027.

The company's shares were down 1% in recent Thursday trade.

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