Dividends.

Our dividend payment policy is to distribute between 30% to 50% of underlying profit. Oceania does not guarantee the level or the payment of dividends, the level of imputation of such dividends or the payout ratio. In special circumstances, the directors may consider the payment of ordinary dividends above or below the policy level, subject to the company’s cash flow requirements, forecast credit metrics and outlook at the time.

We will make an announcement to the market whenever any dividend is declared. If you haven’t received your dividend cheque or direct credit, please contact Computershare.

Dividend History.

 

Financial year ended 31 March
Amount (cents per share)Imputation creditsPayment DateDRP availableStrike PriceDRP discount applied
FY2023 Final1.3N/A21/06/2023Yes$0.77541.0%
FY2023 Interim1.9N/A14/12/2022Yes$0.80412.0%
FY2022 Final2.3N/A21/06/2022Yes$0.98752.0%
FY2022 Interim2.1N/A20/12/2021Yes$1.31612.5%
FY2021 Final2.1N/A06/22/2021Yes$1.40402.5%
FY2021 Interim1.3N/A24/02/2021Yes$1.53312.5%
Financial year ended 31 May
Amount (cents per share)Imputation creditsPayment DateDRP availableStrike priceDRP discount applied
FY2020 Final2.1N/A17/08/2020Yes$0.99102.5%
FY2020 Interim1.3N/A24/02/2020Yes$1.17502.5%
FY2019 Final2.6N/A26/08/2019Yes$1.00182.5%
FY2019 Interim2.1N/A18/02/2019NoN/AN/A
FY2018 Final2.6N/A20/08/2018NoN/AN/A
FY2018 Interim2.1N/A20/02/2018NoN/AN/A

Dividend
Reinvestment
Scheme.

A dividend reinvestment plan is available for shareholders resident in New Zealand or Australia wishing to reinvest all or part of their future dividends in additional Oceania shares. Documents related to the plan, including details and how to participate, are available below.

Dividend Reinvestment Plan Offer Document