CLW - Charter Hall Long WALE REIT

[Logique2]

Declining divs over the last 3 years not a concern?

So rolly1, do you think that Distribs have been the only declining metric in the AREIT sector through this past cycle?
You present a lot of alternative sector targets - now that Australian interest rates are easing..

20 year sector chart under:

S&P/ASX 200 A-REIT Index (LIVE DATA) - Market Index

Australia's S&P/ASX 200 A-REIT Index with LIVE DATA and charts. Overview, related ETFs, historical performance and daily movement table.

www.marketindex.com.au

 

[Logique2]

While I'm at it.
Probably get a knock on the door from the Unions after this. Especially in the Peoples Republic of Victoria.

https://www.cbre.com.au/insights/articles/why-employees-are-returning-to-the-office

"Why more employees are returning to the office in 2024
...CBRE Research Manager Thomas Biglands says that face-to-face interaction and collaboration are key to driving more employees back into the office, experiences that aren’t possible via remote work..."

 

[rolly1]

Ahh ok you are comparing apples with oranges there. They were talking about clw you are referencing the index. IMO when looking at anything to do with divs I like to see rising or at least maintaining the div.
For example I mentioned PGF the other day on here, steady to rising divs. But this is what I like the most and gives me great confidence divs won't be cut like CLW had to. The cash reserves to smooth out the bumps in the cycle. They pay 11.5c/year and have over 7 years coverage to cover that without having to make another $ of profit.

 

[divs4ever]

While I'm at it.
Probably get a knock on the door from the Unions after this. Especially in the Peoples Republic of Victoria.

https://www.cbre.com.au/insights/articles/why-employees-are-returning-to-the-office

"Why more employees are returning to the office in 2024
...CBRE Research Manager Thomas Biglands says that face-to-face interaction and collaboration are key to driving more employees back into the office, experiences that aren’t possible via remote work..."

UNIONS ?

which unions , the Vic. hurtful speech control union , perhaps

one might have thought avoiding 'hurtful speech ' in the workplace would be a good thing , but then there would be less fines given out if 'hurtful speech ' decreased

i think someone in authority confused Woke with joke in Victoria

 

[divs4ever]

Ahh ok you are comparing apples with oranges there. They were talking about clw you are referencing the index. IMO when looking at anything to do with divs I like to see rising or at least maintaining the div.
For example I mentioned PGF the other day on here, steady to rising divs. But this is what I like the most and gives me great confidence divs won't be cut like CLW had to. The cash reserves to smooth out the bumps in the cycle. They pay 11.5c/year and have over 7 years coverage to cover that without having to make another $ of profit.

key for CLW will be maintaining the correct mix of assets , some property assets are liable to tumble in value in the future

 

[Value Collector]

Ahh ok you are comparing apples with oranges there. They were talking about clw you are referencing the index. IMO when looking at anything to do with divs I like to see rising or at least maintaining the div.
For example I mentioned PGF the other day on here, steady to rising divs. But this is what I like the most and gives me great confidence divs won't be cut like CLW had to. The cash reserves to smooth out the bumps in the cycle. They pay 11.5c/year and have over 7 years coverage to cover that without having to make another $ of profit.

I think its more important to understand the driver of the dividends and what causes them to flucuatute rather than just look for steadily rising dividends.

I mean there are just many types of businesses that will have fluctuating earnings, take miners as an example, its not a bad thing that sometime they earn super high dividends and sometimes the dividend is lower, same with a property company paying out 100% of earnings, you would expect the dividend to drop slightly during interest rate increase cycles.

It more important to understand the drivers and construct a portfolio of good companies not just ones with steady divs, any way can have a steady div by just paying out a low pay out ratio.

 

[Value Collector]

key for CLW will be maintaining the correct mix of assets , some property assets are liable to tumble in value in the future

CLW does have a great mix though, and super long leases.

 

[divs4ever]

CLW does have a great mix though, and super long leases.

so far

but things can go badly astray , even governments ( GASP ) can do major strategy changes

( remember when WES decided to put Bunnings stores in the failed Woolwoths hardware sites , some very close to an existing BWP asset )

you can only hope and change your strategy if you need to

they are my largest REIT holding , but far from the only one

 

[Value Collector]

so far

but things can go badly astray , even governments ( GASP ) can do major strategy changes

( remember when WES decided to put Bunnings stores in the failed Woolwoths hardware sites , some very close to an existing BWP asset )

you can only hope and change your strategy if you need to

they are my largest REIT holding , but far from the only one

Well yeah all businesses have their risk, it’s your job as an investor to select a dozen or so investments from different industries. But I would say CLW is in a great position to keep paying dividends in perpetuity, and can curate its portfolio over time.

Have you seen the latest presentation, there are some good slides showing how diverse the portfolio is across not just geography but also property type and industry.

 

[divs4ever]

Well yeah all businesses have their risk, it’s your job as an investor to select a dozen or so investments from different industries. But I would say CLW is in a great position to keep paying dividends in perpetuity, and can curate its portfolio over time.

Have you seen the latest presentation, there are some good slides showing how diverse the portfolio is across not just geography but also property type and industry.

well it is unlikely i will live another 10 ( or 20 ) years , so a potentially regular income over my lifetime maybe even more reliable than corporate bonds ,


but 10 years is a long time in investing ( even in REITs ) hence my holding a selection of REITs as opportunities arrive

 

[Logique2]

Nice to have a lively exchange of views, and in an AREIT thread too..!

Anyway SMF/superannuants holding this or similar stocks, don't be too successful with your policies, otherwise "Grim Jim" (Federal Treasurer), is coming after you on taxation. Following his economic "Round Table" this week.

 

[JohnDe]

Notification of dividend / distribution AUD 0.06375

Charter Hall Long WALE REIT has declared a distribution of 6.375 cents for the first quarter of Financial Year 2026. This represents an annualised distribution yield of 5.6%1.

Ex date

29 September 2025

Record date

30 September 2025

Payment date

14 November 2025