Dividend/Distribution - MWY

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Stock Midway Ltd (MWY.ASX)
Release Time 24 Jan 2025, 2:41 p.m.
Price Sensitive Yes
 Midway Ltd Announces Dividend Distribution
Key Points
  • Dividend of AUD 0.38350000 per share
  • Ex-date of 6/2/2025 and record date of 7/2/2025
  • Payment date of 18/2/2025
  • Dividend is subject to Scheme of Arrangement approval
Full Summary

Midway Ltd has announced a dividend distribution of AUD 0.38350000 per share. The ex-date for the dividend is 6/2/2025, the record date is 7/2/2025, and the payment date is 18/2/2025. The dividend is subject to the approval of a Scheme of Arrangement for the acquisition of Midway Limited by RCM BidCo Pty Ltd. The dividend is fully franked at 78.4615% with an applicable corporate tax rate of 30.0000%. Shareholders will receive AUD 0.30090000 per share as the franked portion and AUD 0.08260000 per share as the unfranked portion. There is no conduit foreign income component. The company does not have a securities plan for dividends or distributions on this security, and it does not have any tax component information apart from franking.