TRA.ASX: TRA Q3 FY25 Dividend Announcement

TRA Q3 FY25 Dividend Announcement

Stock	Turners Automotive Group Ltd (TRA.ASX)
Release Time	2 Apr 2025, 7:30 a.m.
Price Sensitive	Yes

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Turners Automotive Group Declares Q3 FY25 Dividend

Key Points

Q3 FY25 dividend of 7 cents per share, fully imputed
28% imputation rate
Dividend to be paid on 29 April 2025

Full Summary

Turners Automotive Group (NZX/ASX: TRA), a NZX Top 50 company and integrated financial services group primarily operating in the automotive sector, has announced that its directors have declared a Q3 FY25 dividend of 7 cents per share, fully imputed at a 28% rate. This represents a 16.7% increase from the Q3 FY24 dividend of 6 cents per share. The dividend will be paid on 29 April 2025 to shareholders on the record date of 10 April 2025. The ex-date is 9 April 2025. The total monies associated with the distribution are $6,292,564.81, which will be paid from the company's retained earnings. Shareholders will receive imputation tax credits of $0.02722222 per share and Resident Withholding Tax of $0.00486111 per share. The Dividend Reinvestment Plan (DRP) will apply to the Q3 FY25 dividend, with a 2% discount to the strike price.