Evolution Mining Sets AUD 0.13 Dividend with 5% DRP Discount for FY25 H1
Evolution Mining Limited has confirmed its fully franked dividend of AUD 0.13 per share for the first half of FY25, alongside final details of its dividend reinvestment plan pricing and terms.
- Ordinary dividend of AUD 0.13 per share fully franked at 30%
- Dividend relates to six months ending 30 June 2025
- Dividend payment date set for 3 October 2025
- Dividend Reinvestment Plan (DRP) price confirmed at AUD 8.7298 with a 5% discount
- DRP participation optional with no minimum or maximum limits; new shares to be issued
Dividend Confirmation and Context
Evolution Mining Limited (ASX, EVN) has officially confirmed the details of its ordinary dividend for the six-month period ending 30 June 2025. Shareholders will receive a fully franked dividend of AUD 0.13 per share, reflecting the company’s ongoing commitment to delivering shareholder returns amid a stable operational backdrop.
The dividend is fully franked at the corporate tax rate of 30%, which means shareholders benefit from a credit against their tax liabilities, enhancing the effective yield of their investment. The record date for entitlement was 4 September 2025, with the payment scheduled for 3 October 2025.
Dividend Reinvestment Plan Details
Alongside the dividend announcement, Evolution Mining has confirmed the pricing and terms of its Dividend Reinvestment Plan (DRP). The DRP price is set at AUD 8.7298 per share, calculated as the volume weighted average price over five trading days starting from the first trading day after the record date, less a 5% discount. This discount is designed to incentivize shareholders to reinvest dividends back into the company’s shares.
The DRP is optional, with the default option for shareholders who do not make an election being a cash dividend payment. Notably, there are no minimum or maximum participation limits, and new shares issued under the DRP will rank equally with existing shares from the date of issue on 3 October 2025.
Implications for Shareholders and Market
This update provides clarity and certainty for Evolution Mining’s investors, reinforcing the company’s steady financial position and shareholder-friendly capital management approach. The fully franked dividend supports income-focused investors, while the DRP offers a cost-effective way to increase equity holdings without brokerage fees.
Investors will be watching closely how the market responds to the dividend payment and subsequent DRP share issuance, as these factors can influence Evolution Mining’s share price dynamics and liquidity in the near term.
Bottom Line?
Evolution Mining’s confirmed dividend and DRP terms underscore its balanced approach to rewarding shareholders while supporting capital growth.
Questions in the middle?
- Will Evolution Mining maintain or increase dividend payouts in the second half of FY25?
- How will the DRP share issuance impact Evolution Mining’s share price and market liquidity?
- Are there any operational or commodity price factors that could influence future dividend sustainability?
