Sharechat Logo

ARG announces fourth quarter dividend and reopens DRP

Wednesday 20th May 2020

Text too small?

Argosy Property Limited (‘Argosy’ or ‘the Company’) has announced a fourth quarter (for the period to 31 March 2020) cash dividend for the 2020 financial year of 1.5875 cents per share.

As Argosy is a PIE, the dividend can be treated as excluded income for New Zealand income tax purposes. No imputation credits will be attached to the dividend. 

The record date for the dividend is 10 June 2020 and the payment date is 24 June 2020.

Argosy has re-opened its Dividend Reinvestment Plan (“DRP”) and it will be available for shareholders to participate in for the fourth quarter dividend. There will be a 3% discount applied to the price at which shares will be issued under the DRP for this dividend.

Shareholders wishing to participate in the DRP for the dividend on 24 June 2020 - and who haven’t notified the Company’s Registrar, Computershare Investor Services Limited, of their intention - are required to do so by completing an Election Notice or Notice of Change or Withdrawal (as appropriate) in time to be received before 5.00pm, 10 June 2020. Election Notices and Notices of Change or Withdrawal received by the Registrar on or after 5.00pm, 10 June 2020 will not apply to the 24 June 2020 dividend but will take effect for future dividends.

An Election Notice can be obtained by contacting Computershare on (09) 488 8777. 

Source: Argosy Property Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NWF agrees a new Variable Volume Fixed Price Agreement
Takeovers Panel states no objection to Metlifecare scheme
Sichuan Province Trial Confirms Truscreen Technology
PEB Announces Executive Team Changes to Support Growth
Sylvia Park opens the doors on its new Level 1 expansion
Scott Awarded Multi Million Dollar Contract
Fonterra lifts 2020/21 forecast Farmgate Milk Price
The Warehouse Group FY20 annual result announcement
Metroglass refinances its banking facilitates and makes further progress in reducing net debt
Abano Healthcare Group Limited has released its Annual Report

IRG See IRG research reports