Orora Sets Dividend and DRP Price for FY2025 H2

Orora Confirms Dividend Details for FY2025 Second Half

Orora Limited, a key player in the packaging and containers sector, has provided an update to its dividend distribution for the six-month period ending 30 June 2025. The company declared an ordinary dividend of 5 cents per share, payable on 7 October 2025, with the record date set for 1 September 2025. This announcement follows the initial dividend notification made in August and now includes the Dividend Reinvestment Plan (DRP) price.

Dividend Reinvestment Plan Price and Conditions

The DRP price has been calculated at AUD 2.0903 per share, based on the arithmetic average of the daily volume weighted average price of Orora shares traded on the ASX over a 10-day period from 8 to 19 September 2025. Notably, the DRP will not involve the issuance of new shares; instead, reinvested dividends will be satisfied through existing shares. Shareholders who do not actively elect to participate in the DRP will receive their dividend payments in cash by default.

Unfranked Dividend and Market Implications

Orora’s dividend is fully unfranked, meaning it does not carry franking credits, which may influence the tax treatment for Australian investors. The unfranked status aligns with the company’s recent dividend practices and reflects its current tax position. For investors, the DRP offers a convenient way to compound their holdings without incurring brokerage costs, although the absence of a discount on the DRP price may affect participation rates.

Looking Ahead

This dividend update provides clarity on shareholder returns for the second half of FY2025 and signals Orora’s ongoing commitment to returning value to investors. As the payment date approaches, market participants will be watching closely to see how shareholders respond to the DRP offer and whether the company’s financial performance supports future dividend growth.