Rivco Australia Declares Interim Dividend and Announces New Framework
Key points
- Fully franked interim dividend of 1.8 cents per share
- Dividend to be paid on 30 October 2026
- New dividend framework effective from 1 January 2027
Full summary
Rivco Australia Limited has declared a fully franked interim dividend of 1.8 cents per share, payable on Friday, 30 October 2026. This marks the company's 19th consecutive dividend. The company is also introducing a new dividend framework effective 1 January 2027, which will pay a semi-annual dividend comprising a core component based on operational earnings and a discretionary component from after-tax capital gains. The decision to lower the dividend is strategic, aiming to retain earnings for reinvestment and capital management.
Outlook
The company plans to pay equal semi-annual dividends from 1 January 2027, based on the prior financial year's performance.
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