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ATO Confirms Wellard’s 15c Return of Capital Is Not a Dividend

3:21pm on Thursday 9th of October, 2025 AEDT Logistics
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ATO Confirms Wellard’s 15c Return of Capital Is Not a Dividend

3:21pm on Thursday 9th of October, 2025 AEDT
Key Points
  • ATO class ruling confirms return of capital is not a dividend
  • 15 cents per share returned following sale of MV Ocean Drover
  • Capital return reduces share cost base or triggers capital gains tax
  • Return funded from available cash with no change to shareholdings
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