ARG
28/05/2015 08:36
DIVIDEND
NOT PRICE SENSITIVE
REL: 0836 HRS Argosy Property Limited
DIVIDEND: ARG: ARG announces final dividend
Argosy Property Limited (Company) has announced a final quarter (for the
period to 31 March 2015) cash dividend for the 2015 financial year of 1.50
cents per share. Imputation credits of 0.2274 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
0.1032 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 0.5847 cents per share with imputation credits
of 0.2274 cents per share attached; and
- an excluded distribution of 0.9153 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 12 June 2015 and the payment date is 26
June 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 26 June
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, 12 June 2015. Election
Notices and Notices of Change or Withdrawal received by the Registrar on or
after 5.00pm, 12 June 2015 will not apply to
the 26 June 2015 dividend but will take effect for future dividends.
An Election Notice can be obtained by contacting Computershare on (09) 488
8777.
End CA:00264917 For:ARG Type:DIVIDEND Time:2015-05-28 08:36:32
