• Targeting 20-30% of net profit after tax as dividends
• Dividend payments subject to availability of franking credits
• Board to consider various factors in determining dividends

Shriro Holdings Limited (ASX: SHM) has announced the adoption of a new dividend policy. The company is targeting the distribution of approximately 20% to 30% of net profit after tax each financial year as dividends. The payment of dividends will be subject to the availability of franking credits and will remain at the discretion of the Board. In determining whether to declare and pay a dividend, the Board will consider a range of factors, including Shriro's financial results and outlook, cash flow requirements, capital management strategy, growth opportunities and overall financial position. This policy is designed to balance the provision of returns to shareholders with the need to retain sufficient capital to support Shriro's ongoing operations and strategic objectives. The Board may, at its discretion, vary the dividend payout ratio from time to time to reflect changing circumstances and priorities.