Share
- Release Date: 03/05/13 11:23
- Summary: DIVIDEND: NZX: NZX announces Q1 2013 dividend
- Price Sensitive: No
- Download Document 1.25KB
NZX
03/05/2013 09:23
DIVIDEND
REL: 0923 HRS NZX Limited
DIVIDEND: NZX: NZX announces Q1 2013 dividend
NZX advises that the Board has today declared a fully imputed dividend of
1.25 cents per share in respect of Q1 2013. The record date is 17 May 2013
and the payment date will be 31 May 2013.
The quantum of the dividend has been set in accordance with NZX's current
dividend policy of paying a fixed amount per share, increasing by a minimum
annual amount equivalent to one cent per share on a pre-share split basis.
On the current post-split basis, a dividend of not less than 5.6 cents per
share is payable in respect of the current year in accordance with this
policy. Absent unforeseen events, NZX expects to at least meet this over its
four quarterly dividend payments relating to the 2013 financial year.
The Board anticipates that from 2014 the Company will move to a more
conventional pay out ratio policy, subject to the normal solvency, working
capital and capital expenditure caveats.
Media contact:
Kate McLaughlin
Corporate Communications
M: 027 533 4529
E: [email protected]
Investor contact:
Bevan Miller
Chief Financial Officer
M: 021 276 7359
T: 04 498 2271
E: [email protected]
End CA:00235833 For:NZX Type:DIVIDEND Time:2013-05-03 09:23:37
