WiseTech Global Announces USD 0.077 Dividend for FY25 H1, Payable October
WiseTech Global has announced a fully franked ordinary dividend of USD 0.077 per share for the first half of FY25, with a Dividend Reinvestment Plan available to eligible shareholders.
- Ordinary fully franked dividend of USD 0.077 per share
- Dividend payable on 10 October 2025 with ex-date 12 September
- Dividend paid in USD, converted to AUD or NZD depending on shareholder location
- Dividend Reinvestment Plan (DRP) offered with no discount
- DRP participation limited to Australian and New Zealand resident shareholders
Dividend Announcement Overview
WiseTech Global Limited (ASX, WTC), a leading technology company in the software and services sector, has declared an ordinary dividend of USD 0.077 per fully paid share for the six months ending 30 June 2025. This dividend is fully franked, reflecting the company’s ongoing commitment to returning value to shareholders while maintaining a strong tax position.
The dividend will be paid on 10 October 2025, with an ex-dividend date of 12 September and a record date of 15 September 2025. Shareholders registered by the record date will be eligible to receive the payment, which will be distributed primarily in US dollars but converted to Australian or New Zealand dollars depending on the shareholder’s registered banking details.
Currency and Payment Details
WiseTech Global’s dividends are declared in US dollars, but the company has arranged for currency conversion to accommodate its diverse shareholder base. Australian shareholders will receive their dividends in Australian dollars, while New Zealand shareholders will be paid in New Zealand dollars. The conversion rates will be based on the foreign exchange rates published by the Reserve Bank of Australia on the record date, with the AUD equivalent dividend amount to be announced on 16 September 2025.
This approach reflects WiseTech’s global footprint and sensitivity to currency fluctuations, ensuring shareholders receive payments in their local currency without additional conversion burdens.
Dividend Reinvestment Plan (DRP) Details
WiseTech Global continues to offer a Dividend Reinvestment Plan (DRP) for this dividend, allowing shareholders to reinvest their dividends into additional shares rather than receiving cash. The DRP is available to shareholders with registered addresses in Australia or New Zealand, with no minimum or maximum participation limits.
Notably, the DRP will be offered with no discount on the share price, which is calculated as the average daily volume weighted average price (VWAP) of shares traded on the ASX between 17 and 23 September 2025. Shareholders wishing to participate must lodge their election by 5, 00 pm on 16 September 2025.
Implications for Investors
The fully franked nature of the dividend means Australian shareholders can benefit from franking credits, potentially reducing their tax liabilities. The availability of the DRP without a discount may influence shareholder decisions, as reinvestment occurs at market prices without an incentive premium.
Investors will be watching the currency conversion rates closely, as fluctuations between the USD, AUD, and NZD could impact the effective dividend yield. Additionally, the company’s decision to maintain a fully franked dividend signals confidence in its financial health and future earnings.
Bottom Line?
WiseTech’s dividend announcement underscores steady shareholder returns amid currency considerations and a no-discount DRP.
Questions in the middle?
- How will currency fluctuations between USD, AUD, and NZD affect shareholder returns?
- What level of participation will the DRP see without a discount incentive?
- Will WiseTech maintain or increase dividend payouts in the second half of FY25?
