Dividend Reinvestment Plan
Dividends and Dividend Reinvestment Plan
If you are not presently in the Dividend Reinvestment Plan (DRP) you will automatically receive $A cash dividends. Please note that if you want to receive a cash dividend then you will need to provide the Share Registry with details of a nominated bank account.
The Dividend Reinvestment Plan 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. (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 less any discount announced by the Company.
This is free of brokerage charges and stamp duty costs. Full details of the DRP are set out below.