Argosy Property Limited (‘Argosy’ or ‘the Company’) has announced a fourth quarter (for the period to 31 March 2022) cash dividend for the 2022 financial year of 1.6375 cents per share.
As Argosy is a PIE, the dividend can be treated as excluded income for New Zealand income tax purposes. Imputation credits of 0.127572 cents per share will be attached to the dividend representing income tax paid by the Company. Overseas investors will receive an additional supplementary dividend of 0.057890 cents per share to offset non-resident withholding tax.
The record date for the dividend is 8 June 2022 and the payment date is 22 June 2022.
The Company has suspended its Dividend Reinvestment Plan ('DRP') as no additional equity capital is required at this time. The DRP will not apply in respect of this dividend.
-END-
The S&P/NZX 50 Index closed at 11,803.28, down 49.52 points or 0.42%.
The S&P/NZX 50 Index closed at 11,852.8, up 56.58 points or 0.48%.
Company chair Dean Hamilton will take over as interim executive chair.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details