Domino’s Pizza Enterprises announces a 21.5 cents per share final dividend for FY25, alongside a Dividend Reinvestment Plan offering shares at a 1% discount over a 10-day pricing period starting September 8.
- Final FY25 dividend set at 21.5 cents per share
- Dividend Reinvestment Plan (DRP) offers shares at 1% discount
- DRP pricing period spans 10 trading days from September 8 to October 3
- DRP is not underwritten, shareholder participation voluntary
- Key election deadline for DRP participation is September 4
Domino’s Final Dividend Announcement
Domino’s Pizza Enterprises Limited (ASX – DMP) has declared its final dividend for the 2025 financial year at 21.5 cents per share. This announcement marks a key moment for shareholders looking to capitalise on the company’s steady cash returns amid a competitive consumer discretionary landscape.
Dividend Reinvestment Plan Details
Alongside the dividend declaration, Domino’s has outlined the terms of its Dividend Reinvestment Plan (DRP). Eligible shareholders can elect to reinvest their dividends into new shares issued by the company at a 1% discount to the average volume weighted price over a 10-trading day pricing period. This period begins on Monday, 8 September 2025, and runs through to Friday, 3 October 2025.
The DRP offers a convenient way for investors to increase their holdings without incurring brokerage fees, while the discount provides a modest incentive to participate. However, the plan is not underwritten, meaning there is no guarantee of share issuance beyond shareholder elections, which introduces some uncertainty about the capital raised through this mechanism.
Participation and Key Dates
Shareholders wishing to participate in the DRP must submit their election notices by 5 – 00pm AEST on Thursday, 4 September 2025. Elections can be made online or via paper forms requested from MUFG Corporate Markets, the plan’s administrator. The dividend record date is set for Wednesday, 3 September 2025, with the dividend payment and share issue date scheduled for Tuesday, 19 September 2025.
This timeline provides a clear framework for investors to make informed decisions about reinvesting dividends or taking cash payouts. The DRP’s pricing period spanning multiple trading days aims to smooth out volatility in share price, offering a fairer price for reinvestment.
Strategic Implications
Domino’s decision to maintain a consistent dividend and offer a discounted DRP reflects confidence in its ongoing cash flow generation and capital management strategy. While the 1% discount is modest, it signals a balanced approach to shareholder returns and capital structure preservation. Investors will be watching closely to see the uptake of the DRP, which could influence the company’s share count and liquidity in the near term.
Bottom Line?
Domino’s FY25 dividend and DRP set the stage for shareholder engagement and capital strategy as the company heads into FY26.
Questions in the middle?
- What proportion of shareholders will elect to participate in the DRP?
- How will the DRP share issuance impact Domino’s share price and market liquidity?
- Will Domino’s maintain or adjust its dividend policy in FY26 amid evolving market conditions?