Staude Capital Declares Fully Franked AUD 0.033 Dividend with DRP Option

Dividend Announcement Overview

Staude Capital Global Value Fund Limited (ASX – GVF) has declared an ordinary dividend of AUD 0.033 per share, fully franked at the corporate tax rate of 30%, for the six-month period ending 30 June 2025. This announcement, made on 29 August 2025, confirms the fund's commitment to delivering consistent returns to its shareholders amid a complex investment landscape.

Key Dates and Payment Details

The dividend will be paid on 12 November 2025, with the ex-dividend date set for 30 September 2025 and the record date on 1 October 2025. These dates are critical for investors to determine eligibility for the dividend payment. Notably, no external approvals were required for this distribution, indicating a smooth process aligned with regulatory expectations.

Dividend Reinvestment Plan (DRP) Features

Staude Capital offers a Dividend Reinvestment Plan (DRP) that allows shareholders to reinvest their dividends into new shares rather than receiving cash. For this dividend, the DRP includes a 2.5% discount on the reinvestment price, incentivizing participation. The DRP securities will be newly issued and will rank equally with existing shares from the date of issue, preserving shareholder equity.

Shareholders must lodge their DRP election by 2 October 2025 at 5 – 00 pm to participate. The fund has designed the DRP to ensure that reinvestment does not dilute the net tangible asset value for shareholders who opt out, maintaining fairness across the shareholder base.

Implications for Investors

This dividend announcement reflects Staude Capital’s ongoing financial health and its ability to generate distributable income. The fully franked nature of the dividend is particularly attractive for Australian investors seeking tax-effective income streams. Meanwhile, the DRP option provides flexibility for shareholders looking to compound their investment in GVF shares.

Investors will be watching closely to see the uptake of the DRP and how it might influence the fund’s capital structure and share price in the coming months. The fund’s transparent communication and adherence to a disciplined dividend policy continue to position it as a reliable income-focused investment vehicle.