Dividends

Our dividend payment policy is to distribute between 30% and 50% of underlying profit. Despite this intention, no guarantee can be given about the level or the payment of dividends, the level of imputation of such dividends or the payout ratios. These matters depend upon the future profits of Summerset and its financial and taxation position at that time. 

We make announcements to the market whenever any dividend is declared.

If you haven’t received your dividend cheque or direct credit, please contact Link Market Services.

Summerset dividend history

FINANCIAL YEAR
TO 31 DECEMBER
AMOUNT
(Cents per Share)
IMPUTATION
CREDITS
SUPPLEMENTARY
DIVIDEND
DATE PAID DRP
APPLIED
STRIKE PRICE DISCOUNT
APPLIED
2017
Interim
3.90 N/A N/A 11/9/17 Yes $4.9968 2%
2016 Interim 2.60 N/A N/A 9/9/16 Yes $5.3657 2%
2016 Final 5.10 N/A N/A 22/3/17 Yes $5.1576 2%
2015 Interim 1.85 N/A N/A 7/9/15 Yes $3.7533 2%
2015 Final 3.40 N/A N/A 24/3/16 Yes $4.2452 2%
2014 Interim 1.40 N/A N/A 8/9/14 Yes $2.9131 2%
2014 Final 2.10 N/A N/A 25/3/15 Yes $3.2635 2%
2013 Final 3.25 N/A N/A 24/3/14 Yes $3.3880 2%
2012 Final 2.5 N/A N/A 20/3/13 Yes $2.5963 2%

 

Dividend reinvestment plan and documents

The Dividend Reinvestment Plan is open to all ordinary shareholders residing in New Zealand or Australia. Summerset’s Dividend Reinvestment Plan Offer Document and Participation Notice are available to download below.

Dividend document downloads