Financial year 2019
FY19 final dividend per ordinary share:
$0.005 per share (50% franked)
Final Dividend ex date
|28 August 2019|
Final Dividend record date
|29 August 2019|
DRP election date
|2 September 2019|
|The DRP price will be calculated as per a 5 per cent discount to the volume weighted average price of MAI fully paid ordinary shares during the seven trading days between 3rd and 11th September 2019.|
Final Dividend payment date
|20 September 2019|
Shareholders may elect to have dividends directly deposited into a nominated Australian bank or financial institution account, or participate in the Dividend Reinvestment Plan (DRP).
The Company advises that all dividends subsequent to the current dividend (payable on 20 September 2019) will no longer allow payment by cheque.
Direct crediting or reinvestment are much more secure and convenient ways to receive dividends. They remove the risk of loss, fraud or theft of dividend cheques and are less expensive for the Company which benefits all shareholders.
Shareholders who do not nominate a payment method by the record date for the next dividend, will have their dividend held in a non-interest bearing account until payment details have been received.
Updating payment details
You can update your dividend payment instructions, including election to participate in the DRP online:Step 1: Register
Register for access to our secure shareholder portal and update your preferred payment method online.
As part of the registration process you will need your Securityholder Reference Number (SRN) or Holder Identification Number (HIN), as found on your holding statement, and postcode (of your current registered address) or country (if your registered address is outside of Australia).
Log in to the Listed Registry Portal.Step 3: Update
Select “Update Details / Preferences” from the left hand menu and follow the instructions.
Alternatively you can download a Dividend Reinvestment Plan (DRP) form or Direct Credit Payments form from our Shareholder Forms page. Please print, complete and return in accordance with the instructions on the form.
Access the DRP terms and conditions here.