2011 Dividend
The NZOG Board has declared a fully imputed final dividend of 2 cents per ordinary share. The determination of entitlements for the dividend will be taken from the close of the share register on Friday 16 September 2011. The dividend will be paid on Friday 30 September 2011.
Dividend Reinvestment Plan
NZOG offers its shareholders a Dividend Reinvestment Plan.
One third of shareholders were enrolled in the Dividend Reinvestment Plan for the 2011 Dividend.
Under this Plan, shareholders resident in New Zealand or Australia can choose to invest all or part of their future dividends in taking up additional NZOG Shares, instead of receiving cash.
The Plan provides a convenient way for an NZOG shareholder to reinvest dividends in Shares, without incurring brokerage charges.
In addition, the Board has decided that, until determined otherwise, new Shares issued under the Plan will be offered at a discount. The number of Shares will be calculated at a 2.5% discount to the weighted average sale price for Shares sold on each of the first five business days immediately following the dividend record date.
Details of the Plan and a participation form are sent to new shareholders. Participation in the Plan is optional and if a shareholder takes no action they will continue receiving dividends in cash (by cheque or direct credit to a bank account).
NZOG Dividend Reinvestment Plan [299kB]
Participation Notice [78kB]
Dividend History
NZOG has declared a 2 cents per ordinary share fuilly imputed dividend for 2011. The entitlement date is Friday 16 September 2011 and the dividend will be paid on 30 September 2011.
Previous dividend payment dates were:
NZ5c per share paid 1 October 2010
NZ5c per share paid 2 October 2009
NZ5c per share paid 1 October 2008
NZ5c per share paid 15 April 2008
