ASX dividend payments paid by direct credit
Dividend payments will be made by direct credit to ASX shareholders with registered addresses in Australia or New Zealand. Cheques will only be issued to shareholders with a registered address outside of Australia and New Zealand.
This ensures shareholders receive their dividends in a fast, efficient and secure way.
What shareholders need to do to update their dividend payment instructions
Shareholders who have not provided details of their nominated bank account need to do so to make sure their dividends are paid promptly.
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 New Zealand
Direct credit payments to Shareholders with registered addresses in New Zealand will involve a currency conversion prior to the dividend payment being made (from Australian Dollars (AUD) to New Zealand Dollars (NZD)). The exchange rate will be set after the dividend record date.
Upcoming Dividend Dates
Upcoming ASX dividend dates are detailed below:
|Full-year final dividend|
|Ex-dividend date||08 September 2016*|
|Record date for dividend entitlements||09 September 2016 *|
|Payment date||28 September 2016*|
|Half-year interim dividend|
|Ex-dividend date||09 March 2017*|
|Record date for dividend entitlements||10 March 2017*|
|Payment date||29 March 2017*|
|*Subject to Board Approval|
Dividend Payment History
|Ex date||Record date||Payable||Amount||Type||DRP Discount|
ASX's Dividend Reinvestment Plan (DRP) not active
ASX's DRP is not active at this time. Shareholders participating in the DRP will receive dividends in cash if the board has not determined the DRP should apply.
Overview of DRP
The DRP enables eligible shareholders to re-invest DRP-applicable dividends in additional ASX shares. The ASX Board will determine whether the DRP applies to each dividend at the time it determines that dividend. ASX will announce whether the DRP applies to a dividend when that dividend is announced.
ASX's DRP booklet contains information in relation to the DRP. A copy of the Plan Rules of the DRP is included in the booklet. This should be 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 personal circumstances. Shareholders should consult their own financial or legal adviser if they are unsure about the best option for them. Taxation advice should also be sought.
Dividend Reinvestment Plan Instruction Form
Shareholders should use a Dividend Reinvestment Plan Instruction Form to apply, vary or cancel their participation in the DRP. If a holding has a market value of less than $50,000 the DRP Instruction Form can be completed 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.