1. LGI confirms monthly distribution of $0.14646 per share under its Managed Distribution Policy. 2. Ex-dividend date is March 10, 2025, with payment on March 21, 2025.
This announcement is a routine managed distribution confirmation that sustains predictable yield expectations without triggering significant market re-rating. Historically, regular dividend announcements in similar funds have maintained steady prices around ex-dividend adjustments.
While the distribution is routine, it is critical for income-focused investors and influences short-term market behavior, making it a significant event for LGI.
The impact is confined to the dividend payout cycle, primarily affecting short-term price adjustments around the ex-dividend date.