The decision on the payment of a 2020 Interim Dividend has been deferred and an update will be provided in August 2020.
ANZ, with consideration to the current uncertainties in the economic outlook and the letter issued by the Australian Prudential Regulation Authority (APRA) to all Authorised Deposit Taking Institutions (ADIs) on 7 April 2020, on capital management and the ongoing Coronavirus (COVID-19) pandemic, has deferred the decision on the payment of a 2020 Interim Dividend until the economic outlook is clearer. Decisions in relation to the Dividend Reinvestment Plan and Bonus Option Plan will also be made at that time as applicable.
The Board will continue to deliberate and an update will be provided at the August 2020 market update.
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 receiving effective contrary instructions from the shareholder, dividends paid to shareholders with a registered address in the United Kingdom (including the Channel Islands and the Isle of Man) or New Zealand will be converted to Pounds Sterling and New Zealand Dollars 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.
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.
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 94kB)
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.