CTI Logistics Limited has announced a fully franked ordinary dividend of AUD 0.055 per share for the half-year ending June 2025, offering shareholders reinvestment and bonus security plans with attractive discounts.
- Ordinary fully franked dividend of AUD 0.055 per share
- Dividend payable on 2 October 2025 with ex-date 11 September
- Dividend Reinvestment Plan (DRP) and Bonus Security Plan (BSP) offered
- DRP and BSP securities issued at 2.5% discount, rank pari passu
- Shareholder election deadline for DRP/BSP participation on 15 September
Dividend Announcement Overview
CTI Logistics Limited (ASX, CLX), a key player in the freight and supply chain services sector, has declared an ordinary dividend of AUD 0.055 per fully paid ordinary share. This dividend is fully franked, reflecting the company’s ability to pass on tax credits to shareholders, and relates to the six-month period ending 30 June 2025.
The dividend will be paid on 2 October 2025, with the critical ex-dividend date set for 11 September 2025 and the record date on 12 September 2025. These dates are essential for shareholders to note, as they determine eligibility for the dividend payment.
Reinvestment and Bonus Security Plans
CTI Logistics is offering shareholders the option to participate in a Dividend Reinvestment Plan (DRP) and a Bonus Security Plan (BSP), both designed to provide flexible ways to increase shareholding without incurring brokerage fees. The DRP and BSP securities will be newly issued shares, ranking equally with existing shares from the date of issue.
Both plans offer a 2.5% discount on the market price, calculated as the volume weighted average price over the five business days leading up to and including the record date. Shareholders who wish to participate must lodge their election notices by 15 September 2025 at 8, 00 pm.
Implications for Shareholders and Market
The fully franked nature of the dividend is a positive signal of CTI Logistics’ strong tax position and profitability. The availability of DRP and BSP options at a discount may encourage reinvestment, potentially supporting the share price and capital structure. Importantly, no external approvals were required for this dividend, indicating a straightforward distribution process.
Investors should watch for the uptake rate of the DRP and BSP, as higher participation could dilute existing holdings but also strengthen the company’s equity base. The market’s reaction post ex-date will provide further insight into investor sentiment toward CTI Logistics’ growth prospects and capital management strategy.
Bottom Line?
CTI Logistics’ fully franked dividend and shareholder-friendly reinvestment options set the stage for steady investor engagement ahead.
Questions in the middle?
- What proportion of shareholders will elect to participate in the DRP and BSP?
- How will the share price respond following the ex-dividend date and reinvestment plan pricing?
- Will CTI Logistics maintain or increase dividend payouts in future periods amid market conditions?