Dividend Policy

The Company recognises the importance of consistent dividend payments to shareholders.

The current dividend policy is to pay a consistent stream of dividends to shareholders.  The Company has announced the following dividend targets:

  Dividend Amount Payment Date Status
2017 Final Dividend 3.0 cents August 2017  
2017 Interim Dividend 3.0 cents February 2017  
2016 Final Dividend 3.0 cents August 2016 Paid
2016 Interim Dividend 3.0 cents February 2016 Paid 
2015 Final Dividend 4.5 cents August 2015 Paid
2015 Interim Dividend 4.5 cents February 2015 Paid 
2015 Final Dividend 4.5 cents August 2015 Paid 
2014 Interim Dividend 4.5 cents 17 February 2014 Paid
2014 Final Dividend 4.5 cents 25 August 2014 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.

Share Price

Net Asset Backing

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