Monadelphous Sets AUD 0.39 Dividend, Payment on September 25

Monadelphous Announces Half-Year Dividend

Monadelphous Group Limited (ASX, MND), a key player in the engineering and construction sector, has declared an ordinary dividend of AUD 0.39 per fully paid share for the six months ending 30 June 2025. This dividend is fully franked, reflecting the company’s strong tax position and commitment to returning value to shareholders.

The dividend will go ex-dividend on 3 September 2025, with the record date set for 4 September 2025. Shareholders can expect payment on 25 September 2025. The fully franked nature of the dividend means shareholders will receive a credit for the 30% corporate tax already paid by the company, enhancing the after-tax return for Australian investors.

Dividend Reinvestment Plan Offers Flexibility

Monadelphous continues to offer its Dividend Reinvestment Plan (DRP), allowing shareholders to reinvest their dividends into new shares rather than receiving cash. The DRP is fully available for this dividend, with new shares to be issued at a price calculated as the arithmetic average of the daily volume weighted average price over a 10 trading day period starting on 8 September 2025. This approach aims to provide a fair market price for reinvestment.

Shareholders wishing to participate in the DRP must lodge their election by 5 September 2025. The default option for shareholders who do not make an election is to receive the dividend in cash. Notably, there is no discount applied to the DRP price, and no minimum or maximum participation limits, making it accessible to all shareholders.

Implications and Outlook

This dividend announcement signals Monadelphous’s ongoing financial health and confidence in its cash flows amid a competitive industrial services environment. The fully franked dividend underscores the company’s profitability and tax compliance, while the DRP offers a capital-efficient way for shareholders to increase their holdings without incurring brokerage costs.

Investors will be watching closely how the DRP participation rates unfold, as this will affect the company’s share capital and potentially its share price dynamics. The dividend payout also sets a benchmark for the company’s capital allocation strategy ahead of its full-year results.