Important information about future ASX dividend payments
Dividend payments will be made by direct credit only to ASX shareholders with registered addresses in Australia, New Zealand and the United Kingdom. These changes were first advised to shareholders in March 2012.
Payments of dividends by direct credit will ensure shareholders receive their dividends in a fast, efficient and secure way.
Cheques will only be issued to shareholders with a registered address outside of Australia, New Zealand or the United Kingdom.
What shareholders need to do to update their dividend payment instructions
Shareholders already receiving dividend payments directly into a bank account do not need to do anything.
Those who have not previously provided us with the details of their nominated bank account need to do so to make sure they receive future dividends.
Viewing and updating your dividend payment details is easy. Shareholders can view their dividend payment instructions and access their customised Direct Credit Payment Form online. To log in you will need your Securityholder Reference Number (SRN) or Holder Identification Number (HIN) as well as your postcode (must be the postcode recorded on your holding record).
The Direct Credit Payment Form can be submitted by either of these two options:
- email firstname.lastname@example.org
- post to Link Market Services, Locked Bag A14, Sydney South NSW 1235
Exchange Rates for Foreign Currencies
Direct credit payments to Shareholders with registered addresses in New Zealand and the United Kingdom will involve a currency conversion prior to the dividend payment being made (from Australian Dollars (AUD) to New Zealand Dollars (NZD) and also Australian Dollars (AUD) to British Pounds (GBP)). The exchange rates (AUD/NZD and AUD/GBP) will be set after the dividend record date.
Upcoming Dividend Dates
FY14 ASX dividend dates are detailed below:
|Half-year interim dividend|
|Ex-dividend date||03 March 2014|
|Record date for dividend entitlements||07 March 2014|
|Payment date||26 March 2014|
|Full-year Final Divided*|
|Ex-Dividend date||03 September 2014|
|Record date for dividend entitlements||05 September 2014|
|Payment Date||24 September 2014|
* The declaration of, or a determination that a dividend is payable and the dates set out above are subject to final ASX Limited Board approval and Listing Rule 3.1 disclosure.
Dividend Payment History
|Ex date||Record date||Payable||Amount||Type||DRP Discount|
ASX Dividend Reinvestment Plan (DRP)
On 28th July 2009 ASX Limited (ASX) announced the framework for a Dividend Reinvestment Plan (DRP) to enable eligible Shareholders to re-invest dividends in additional ASX shares. ASX Announcement
The DRP enables eligible shareholders to re-invest DRP-applicable dividends in additional ASX Group shares. The ASX Group Board will determine whether the DRP applies to each dividend at the time it considers the declaration of that dividend. ASX Group will announce whether the DRP applies to a dividend at the same time as that dividend is announced.
On 13 February 2014, the Board of ASX Limited amended the rules of the DRP. The amendments are primarily designed to:
- address changes to the Listing Rules (in particular Appendix 6A) which comes into effect in April 2014
- allow online applications to participate, vary or cancel your participation for holdings with a market value of less than $50,000
- to align the DRP with current market best practice
Dividend Reinvestment Plan Booklet (including Plan Rules)
This booklet contains information in relation to the DRP. Please read the booklet carefully. A copy of the Plan Rules of the DRP is included in the booklet, which you should read carefully before deciding whether to participate in the DRP.
Any information provided by ASX Group in the booklet is of a general nature only and does not take into account your personal circumstances. You should consult your own financial or legal adviser if you are unsure about what is the best option for you. You should also seek your own taxation advice before deciding what is best for you.
Dividend Reinvestment Plan Instruction Form
You must use a Dividend Reinvestment Plan Instruction Form to apply to participate in the DRP, vary your participation or cancel your participation. If your holding has a market value of less than $50,000 you can complete the DRP Instruction Form electronically on the share registry's website at www.linkmarketservices.com.au. A personalised DRP Instruction Form can also be obtained by contacting the share registry.
Completed DRP Instruction Forms should be sent to the share registry at the address shown on the DRP Instruction Form.