Evolution introduced its revenue-linked dividend policy in February 2013. There have now been twelve 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.
The Evolution Board has agreed to pay a fully franked dividend of 3.5 cents per share. The aggregate amount of the dividend is estimated at A$59.4 million. The Record Date for receiving the dividend is 22 February 2019 and the dividend payment will be made on 29 March 2019.
Dividend Amount: 3.5 cents per share fully franked
Ex-dividend Date: 21 February 2019
Record Date: 22 February 2019
Dividend Payment Date: 29 March 2019
Conduit Foreign Income (CFI) Component: Nil
|Dividend||Payment date||Amount (cents)||Franking status (%)||DRP price (A$)|
|Interim||29 March 2019||3.5c||100||NA|
|Final||28 Sept 2018||4.0c||100||NA|
|Interim||29 March 2018||3.5c||100||NA|
|Final||29 Sept 2017||3c||100||NA|
|Interim||27 March 2017||2c||0||2.0197|
|Final||23 Sept 2016||2c||0||2.1037|
|Interim||29 March 2016||1c||0||1.6864|
|Final||2 Oct 2015||1c||0||1.0863|
|Interim||27 March 2015||1c||0||0.8162|
|Final||3 Oct 2014||1c||0||0.6689|
|Interim||26 March 2014||1c||0||0.9192|
|Maiden||26 Sept 2013||1c||0||NA1|
1 – Not applicable as the Dividend Reinvestment Plan was initiated in March 2014.
The Board of Directors have determined to continue the suspension of the Dividend Reinvestment Plan (“DRP”) until further notice.
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