Duxton Water Ltd declares 17th consecutive dividend
Key points
- Dividend of 3.72 cents per share, fully franked
- Dividend Reinvestment Plan (DRP) to continue without discount
- DRP pricing window changed to reflect post-dividend market price
Full summary
Duxton Water Ltd has announced that it will pay a fully franked dividend of 3.72 cents per share to shareholders on Friday, 31 October 2025. This will be the company's 17th consecutive and increasing dividend. The Dividend Reinvestment Plan (DRP) will continue to operate, but the Board has decided to pause the discount that has historically been available to DRP participants. This reflects a commitment to disciplined capital management and fairness across the shareholder base, particularly while the share price remains below Net Asset Value per share. The DRP pricing window has also been changed from the 'five trading days prior to and inclusive of the Record Date' to the 'five trading days commencing on and including the Record Date'. This means DRP shares will reflect the post-dividend market price. The last day for elections under the DRP is Monday, 20 October 2025.
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