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- Release Date: 21/05/14 10:30
- Summary: DIVIDEND: ARG: ARG announces final dividend
- Price Sensitive: No
- Download Document 1.99KB
ARG
21/05/2014 08:30
DIVIDEND
REL: 0830 HRS Argosy Property Limited
DIVIDEND: ARG: ARG announces final dividend
Argosy Property Limited (Company) has announced a final cash dividend for the
2014 financial year of 1.50 cents per share. Imputation credits of 0.1401
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 0.0636 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 final dividend
of 1.5 cents per share is made up of:
- a fully imputed dividend of 0.3602 cents per share with imputation credits
of 0.1401 cents per share attached; and
- an excluded distribution of 1.1398 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 10 June 2014 and the payment date is 24
June 2014.
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 24 June
2014 - 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, 10 June 2014. Election
Notices and Notices of Change or Withdrawal received by the Registrar on or
after 5.00pm, 10 June 2014 will not apply to the 24 June 2014 dividend but
will take effect for future dividends.
An Election Notice can be obtained by contacting Computershare on (09) 488
8777.
End CA:00250680 For:ARG Type:DIVIDEND Time:2014-05-21 08:30:31
