The Company recognises the importance of consistent dividend payments to shareholders.
The current dividend policy is to pay dividends to shareholders after considering our level of realised net profits after tax, retained earnings and franking credits. The Company has announced the following dividend targets:
|Dividend Amount||Payment Date||Status|
|2017 Final dividend||0.25 cents||August 2017|
|2017 Interim Dividend||0.25 cents||February 2017|
|2016 Final Dividend||0.25 cents||August 2016||Paid|
|2016 Interim Dividend||0.25 cents||February 2016||Paid|
Investors should note that any dividend is not payable until formally declared. Accordingly, the Company makes no assurance as to dividends or what, if any, franking will be attached until a formal declaration is made.
Any dividend payments also remain subject to compliance with relevant legal requirements and specifically the relevant Corporations Act. The Company will seek appropriate advice at the time of any specific dividend declaration to ensure compliance.