Why Perpetual Limited’s AUD 0.54 Dividend Matters to Investors

Dividend Announcement Overview

Perpetual Limited (ASX – PPT), a key player in Australia's financial services sector, has declared an ordinary dividend of AUD 0.54 per fully paid ordinary share for the six months ending 30 June 2025. This dividend is unfranked, meaning it does not carry franking credits, which may influence the tax treatment for certain investors.

The dividend will be paid on 3 October 2025, with the ex-dividend date scheduled for 11 September 2025 and the record date on 12 September 2025. These dates are critical for shareholders to determine eligibility for the dividend payment.

Dividend Reinvestment Plan Details

Perpetual has confirmed the availability of a Dividend Reinvestment Plan (DRP) for this distribution. Shareholders can elect to reinvest their dividends into new shares rather than receive cash. Notably, the DRP carries no discount on the share price, which is calculated based on a 10-day volume weighted average price (VWAP) starting 15 September 2025 and ending 26 September 2025.

The deadline for shareholders to elect participation in the DRP is 15 September 2025 at 5 – 00 pm. New shares issued under the DRP will rank equally with existing shares from the date of issue, ensuring parity among shareholders.

Implications for Investors

The unfranked nature of the dividend may affect investors differently depending on their tax circumstances, particularly those who rely on franking credits for tax offsets. Meanwhile, the DRP provides a flexible option for shareholders seeking to compound their investment without incurring brokerage fees, although the absence of a discount could influence participation rates.

Investors will be watching closely how the market responds around the ex-dividend date and the uptake of the DRP, which can signal confidence in Perpetual’s outlook and capital management strategy.