ARG
25/02/2015 09:18
DIVIDEND
NOT PRICE SENSITIVE
REL: 0918 HRS Argosy Property Limited
DIVIDEND: ARG: ARG announces third quarter dividend
Argosy Property Limited (Company) has announced a third quarter (for the
period to 31 December 2014) cash dividend for the 2015 financial year of 1.50
cents per share. Imputation credits of 0.3986 cents per share will be
attached to the dividend representing income tax paid by the Company.
Overseas investors will receive an additional supplementary dividend of
0.1809 cents per share to offset non resident withholding tax.
As Argosy is a PIE the dividend is able to be treated as excluded income for
New Zealand income tax purposes. For shareholders who choose to include the
dividend in their New Zealand income tax return the Company's third quarter
dividend of 1.50 cents per share is made up of:
- a fully imputed dividend of 1.0248 cents per share with imputation credits
of 0.3986 cents per share attached; and
- an excluded distribution of 0.4752 cents per share.
(Shareholders who treat the entire dividend as excluded income for New
Zealand income tax purposes will not be able to claim the imputation
credits.)
The record date for the dividend is 11 March 2015 and the payment date is 25
March 2015.
The dividend reinvestment plan ("DRP") will continue and a 1% discount will
be applied to the price at which shares will be issued under the DRP for this
dividend.
Shareholders wishing to participate in the DRP for the dividend on 25 March
2015 - and who haven't notified the Company's Registrar, Computershare
Investor Services Limited, of their intention - are required to do so by
completing an Election Notice or Notice of Change or Withdrawal (as
appropriate) in time to be received before 5.00pm, 11 March 2015. Election
Notices and Notices of Change or Withdrawal received by the Registrar on or
after 5.00pm, 11 March 2015 will not apply to the 25 March 2015 dividend but
will take effect for future dividends. An Election Notice can be obtained by
contacting Computershare on (09) 488 8777.
End CA:00261113 For:ARG Type:DIVIDEND Time:2015-02-25 09:18:19
