Dividend Policy

Evolution introduced its revenue-linked dividend policy in February 2013. There have now been eleven consecutive dividends paid in each half-year since that date. In August 2017, the Board approved a change to the dividend policy of whenever possible paying a half-yearly dividend equivalent to 50% of the Group’s after tax earnings.

Final Dividend for the financial year ended 30 June 2018

The Evolution Board has agreed to pay a fully franked dividend of 4.0 cents per share. Fully franked dividends have totalled A$109.9 million during the 2018 financial year. The Record Date for receiving the dividend is 29 August 2018 and the dividend payment will be made on 28 September 2018.

Dividend Amount: 4.0 cents per share fully franked

Ex-dividend Date: 28 August 2018

Record Date: 29 August 2018

Dividend Payment Date: 28 September 2018

Dividend History

DividendPayment dateAmount (cents)Franking status (%)DRP price (A$)
Final28 Sept 20184.0c100NA
Interim29 March 20183.5c100NA
Final29 Sept 20173c100NA
Interim27 March 20172c02.0197
Final23 Sept 20162c02.1037
Interim29 March 20161c01.6864
Final2 Oct 20151c01.0863
Interim27 March 20151c00.8162
Final3 Oct 20141c00.6689
Interim26 March 20141c00.9192
Maiden26 Sept 20131c0NA1

1 – Not applicable as the Dividend Reinvestment Plan was initiated in March 2014.

Dividend Reinvestment Plan

The Board of Directors have determined to continue the suspension of the Dividend Reinvestment Plan (“DRP”) until further notice.

Direct credit of dividend payments

Payment by direct credit is prompt, secure, cost effective, thus more efficient compared to payment by cheque. Click here for a Request for Direct Credit of Payments form or contact our share registry registrars@linkmarketservices.com.au