News and Events
AVJennings News, National
On 23 February 2018 the Company announced its fully franked interim dividend of 2 cents per share would be paid on 19 April 2018. It also announced the reinstatement of the Dividend Reinvestment Plan (DRP).
Election notices, which allow shareholders to elect either to receive the cash dividend or take up shares under the DRP, were sent to shareholders on 6 March 2018.
The DRP price is at a 2.5% discount to the volume weighted average price of shares traded on the ASX over the five trading days 23- 29 March 2018.
Those who elect to participate in the DRP will also avoid brokerage costs on the acquisition of the shares. The election notices are due to be received by the Company’s registry, Link Market Services, by 27 March 2018.