ANZ paid the 2021 Interim Dividend of 70 cents per ordinary share on 1 July 2021.
The 2021 Interim Dividend was fully franked for Australian tax purposes.
New Zealand imputation credits of NZ 8 cents per ordinary share were also attached to all cash dividend payments and to the Dividend Amounts relating to all ordinary shares that participated in the Dividend Reinvestment Plan (DRP) with respect to the 2021 Interim Dividend (franking credits and New Zealand imputation credits were not attached to ordinary shares that participated in the Bonus Option Plan (BOP)).
The Record Date for the 2021 Interim Dividend was 11 May 2021 and the last date for making DRP, BOP and Foreign Currency elections was 12 May 2021.
ANZ has a policy that all dividends payable to shareholders in Australia, New Zealand or the United Kingdom will be paid by direct credit to their nominated financial institution accounts (excluding credit card accounts).
Subject to having received effective contrary instructions from the shareholder, the 2021 Interim Dividend paid to shareholders with a registered address in the United Kingdom (including the Channel Islands and the Isle of Man) or New Zealand was converted to Pounds Sterling and New Zealand Dollars respectively at an exchange rate calculated on 14 May 2021.
For those shareholders who received payment of the 2021 Interim Dividend in Pounds Sterling or New Zealand Dollars, the exchange rates used were AUD/GBP 0.549752 and AUD/NZD 1.076285 respectively.
ANZ offers both a Dividend Reinvestment Plan (DRP) and a Bonus Option Plan (BOP) as alternatives to receiving cash dividends on ANZ ordinary shares.
The Acquisition Price used in determining the number of shares provided under the DRP and BOP in connection with the 2021 Interim Dividend was the arithmetic average of the daily volume weighted average sale price of all fully paid ANZ ordinary shares sold on ASX and Chi-X during the ten trading days commencing 14 May, and then rounded to the nearest whole cent but if the fraction is one half of a cent the amount was rounded down to the nearest whole cent. In order to be effective, election notices from ordinary shareholders wanting to commence, cease or vary their participation in the DRP or BOP for the 2021 Interim Dividend must have been received by ANZ's Share Registrar by 5.00 pm (Australian Eastern Standard Time) on 12 May 2021.
As announced to the ASX on 28 May 2021, the Acquisition Price for the DRP and BOP in respect of the 2021 Interim Dividend was AUD27.91.
If a Shareholder is considering making an election to participate in the DRP or BOP, it is very important to note the following:
- participation in the DRP and BOP is available only in respect of ANZ's ordinary shares and will be subject to the applicable DRP and BOP Terms and Conditions - no other ANZ securities may participate; and
- if a shareholder makes an election to participate in the BOP and also a separate election to participate in the DRP, the BOP election will have priority over the DRP election to the extent there is any conflict.
ANZ also announced on 28 May 2021 that the DRP and BOP will continue to operate for the Interim 2021 Dividend at no discount and that it planned to neutralise the impact of the ordinary shares allocated under the DRP.
The neutralisation of the DRP involved an on-market purchase of shares during the DRP Pricing Period by UBS Securities Australia Limited which were allocated to DRP Participants on 1 July 2021.
Dividend donations to charity
ANZ offers a Dividend Charity Donation Program, which enables ANZ shareholders who are Australian resident taxpayers to donate some or all of the cash dividends on their ANZ ordinary shares to one of a number of charities. Employee share classes are not eligible to participate.
- Dividend Charity Donation Program Partners (PDF 103kb)
- Dividend Charity Donation Election Form (PDF 35kb)
- Dividend Charity Donation History (PDF 108kB)
What is the record date and what does it mean?
The Record Date for a dividend is the date by reference to which the Company will determine which shareholders on its share register are entitled to receive the dividend.
More specifically, the Record Date is 5.00 pm (in the case of an ASTC regulated transfer, a later time permitted by the ASTC Settlement Rules) on the date specified by the Company as the date by reference to which the Company will identify the shareholders on the Company's register entitled to the dividend.
The Record Date is sometimes referred to as the close of books date.
What is the Ex Dividend Date and what does it mean?
The ex dividend date is one business day before the Record Date of the dividend. To be entitled to the dividend, a shareholder must have purchased shares before the ex dividend date.
People who purchase shares on the sharemarket on or after the ex dividend date are not entitled to the dividend. Conversely, if you sell shares on the sharemarket on or after the ex dividend date, you are still entitled to the dividend.
What happens on payment date?
This is the date on which steps are taken by the Company to pay the dividend to entitled shareholders.