Determination to Pay a Special Dividend
| Stock | Clearview Wealth Ltd (CVW.ASX) |
|---|---|
| Release Time | 24 Jul 2026, 4:30 p.m. |
| Price Sensitive | Yes |
ClearView Wealth Announces Special Dividend
- ClearView Wealth to pay a fully franked Special Dividend of $0.05 per share
- Special Dividend conditional on the Scheme becoming Effective
- Scheme Meeting scheduled for 27 July 2026
- Major shareholder supports the Scheme
ClearView Wealth Limited (ASX: CVW) has announced its decision to pay a fully franked Special Dividend of $0.05 per share, subject to the proposed acquisition by Zurich Financial Services Australia Limited becoming effective. Shareholders registered as of 5 August 2026 will receive the dividend on 12 August 2026. The scheme consideration will be reduced to $0.60 per share if the dividend is paid. ClearView has applied for a Class Ruling from the ATO regarding the tax treatment of the scheme and dividend. The scheme meeting, where shareholders will vote on the proposal, is scheduled for 27 July 2026. ClearView's largest shareholder, Crescent Capital Partners, supports the scheme under certain conditions.
Special Dividend of $0.05 per share, conditional on scheme effectiveness
The outcome of the scheme meeting and the final tax treatment will impact the financial outcome for shareholders.