Dividend Policy

Evolution introduced its revenue-linked dividend policy in February 2013. There have now been ten 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.

Interim Dividend for the half year ended 31 December 2017

The Evolution Board has agreed to pay a fully franked interim dividend of 3.5 cent per share. The aggregate amount of the dividend to be paid is A$59.2 million. The Record Date for receiving the dividend is 26 February 2018 and the dividend payment will be made on 30 March 2018.

Dividend Amount: 3.5 cents per share fully franked

Ex-dividend Date: 23 February 2018

Record Date: 26 February 2018

Dividend Payment Date: 29 March 2018

Dividend History

DividendPayment dateAmount (cents)Franking status (%)DRP price (A$)
Final29 Sept 20173c100N/A
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