Dividend Policy

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

2017 Interim Dividend

Evolution Board has declared a final dividend of 2 cents per share payable in Australian dollars. The dividend will not be franked for Australian taxation purposes and has a nil Conduit Foreign Income (CFI) component.

Dividend Amount: 2 cents per share unfranked

Ex-dividend Date: 24 February 2017

Record Date: 27 February 2017

Dividend Payment Date: 27 March 2017

Dividend History

DividendPayment dateAmount (cents)Franking status (%)DRP price (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

Evolution has a Dividend Reinvestment Plan (DRP) that allows shareholders to elect to reinvest all or part of any dividends payable on their Evolution shares to acquire additional Evolution shares. DRP information is available on Evolution’s website Notification to participate in the DRP must be received before 5.00pm (Sydney time) on 28 February 2017. The allotted shares in respect of the H1 FY17 interim dividend will be issued at a 5.0% discount to the volume-weighted average price for the five days immediately after the record date of 27 February 2017.

Participation in the DRP is entirely optional.

The DRP is administered in accordance with the Dividend Reinvestment Plan Rules.

For Information on participation in the DRP, please click here Participation in the DRP.

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