Dividend Reinvestment Plan
Dividends and Dividend Reinvestment Plan
As an alternative to cash dividends, shareholders may elect to participate in the Company’s Dividend Reinvestment Plan (DRP) when available.
The DRP enables shareholders to use cash dividends for the purchase of additional fully paid ordinary shares. Shares are issued under the DRP at the Current Market Price, less any discount that the Board may decide (the 'Current Market Price' is the weighted average sale price of the Company’s shares for the five trading days immediately following the shares being quoted ex dividend on the Australian Securities Exchange). This is free of brokerage charges and stamp duty costs. Full details of the DRP terms and conditions can be found in the Dividend Reinvestment Plan Rules.
Access the form for dividend reinvestment plan
If you are not presently in the DRP you will automatically receive $A cash dividends. Please provide the Share Registry with details of a nominated bank account.