ARG
02/03/2016 10:03
DIVIDEND
NOT PRICE SENSITIVE
REL: 1003 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 2015) cash dividend for the 2016 financial year of 1.50
cents per share. Imputation credits of 0.3520 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
0.1597 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 0.9052 cents per share with imputation credits
of 0.3520 cents per share attached; and
- an excluded distribution of 0.5948 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 16 March 2016 and the payment date is 30
March 2016.
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 30 March
2016 - 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, 16 March 2016. Election
Notices and Notices of Change or Withdrawal received by the Registrar on or
after 5.00pm, 16 March 2016 will not apply to the 30 March 2016 dividend but
will take effect for future dividends.
An Election Notice can be obtained by contacting Computershare on (09) 488
8777.
End CA:00278664 For:ARG Type:DIVIDEND Time:2016-03-02 10:03:54
