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Dividend Policy

Evolution introduced its revenue-linked dividend policy in February 2013. There have now been nine consecutive dividends paid in each half-year since that date.

2017 Interim Dividend

With the continued growth over the past year and the recent inclusion in the ASX100, coinciding with the Group moving to a tax paying position, the Directors have 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. This change, effective immediately, has been applied to the final dividend for 2017.

The Board has confirmed that Evolution is in a sound position to continue its commitment to pay a final fully franked dividend for the current period of 3 cents per share, totalling A$50.484 million. Evolution shares will trade excluding entitlement to the dividend on 25 August 2017, with the record date being 28 August 2017 and payment date of 29 September 2017.

In relation to Evolution’s dividend policy, the Board of Directors has suspended the Dividend Reinvestment Plan (“DRP”) until further notice.

Dividend Amount: 3 cents per share unfranked

Ex-dividend Date: 25 August 2017

Record Date: 28 August 2017

Dividend Payment Date: 29 September 2017

Dividend History

DividendPayment dateAmount (cents)Franking status (%)DRP price (A$)
Final29 Sept 20173c
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 suspended 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