TEAMINVEST Declares Fully Franked AUD 0.015 Dividend with DRP for FY25 H1
TEAMINVEST PRIVATE GROUP LIMITED has announced a fully franked ordinary dividend of AUD 0.015 per share for the first half of FY25, accompanied by a Dividend Reinvestment Plan with no discount.
- Ordinary fully franked dividend of AUD 0.015 per share
- Dividend payable on 3 October 2025 with ex-date 25 September 2025
- Dividend Reinvestment Plan (DRP) available with zero discount
- DRP shares to be newly issued and rank pari passu
- DRP election deadline set for 29 September 2025
Dividend Announcement Overview
TEAMINVEST PRIVATE GROUP LIMITED (ASX, TIP) has confirmed an ordinary dividend payment of AUD 0.015 per fully paid ordinary share for the six-month period ending 30 June 2025. This dividend is fully franked, reflecting the company’s ability to distribute profits with attached Australian tax credits, which can be advantageous for shareholders seeking tax efficiency.
The dividend will be paid on 3 October 2025, with an ex-dividend date of 25 September 2025 and a record date of 26 September 2025. These dates are critical for investors to determine eligibility for the dividend payment.
Dividend Reinvestment Plan Details
In addition to the cash dividend option, TEAMINVEST offers a Dividend Reinvestment Plan (DRP) for shareholders who wish to reinvest their dividend payments into additional shares rather than receive cash. Notably, the DRP will not offer any discount on the share price, which is set at the volume weighted average price over a 30-day period ending 30 June 2025, calculated at AUD 1.79920 per share.
DRP shares will be newly issued and will rank equally with existing shares from the date of issue, maintaining shareholder equity without dilution concerns. The deadline for shareholders to elect participation in the DRP is 29 September 2025 at 5, 00 pm.
Implications for Investors
The fully franked nature of the dividend signals TEAMINVEST’s strong tax position and ongoing profitability. The availability of a DRP without a discount suggests a conservative approach to capital management, potentially reflecting confidence in the company’s share price stability.
Investors will be watching closely to see the uptake of the DRP, as this can influence the company’s capital structure and share liquidity. The absence of any required external approvals or unusual conditions for this dividend distribution further underscores a straightforward and routine capital return to shareholders.
Bottom Line?
As TEAMINVEST moves forward with this dividend and DRP, market reaction and shareholder participation will be key indicators of confidence in the company’s outlook.
Questions in the middle?
- What level of shareholder participation will the DRP attract given the zero discount?
- How might the dividend payment impact TEAMINVEST’s share price around the ex-date?
- Will future dividends maintain the fully franked status amid changing market conditions?