ALS Limited has announced an ordinary dividend of AUD 0.194 per share for the half-year ending September 2025, accompanied by a fully franked 30% component and a Dividend Reinvestment Plan with no discount.
- Ordinary dividend of AUD 0.194 per share for H1 FY2025
- Dividend 30% franked with a significant conduit foreign income component
- Dividend payable on 17 December 2025 with ex-date on 26 November
- Dividend Reinvestment Plan (DRP) available with no discount on share price
- Multiple currency payment options offered to shareholders globally
Dividend Announcement Overview
ALS Limited (ASX, ALQ), a key player in the industrial services sector, has declared an ordinary dividend of AUD 0.194 per share for the six months ending 30 September 2025. This dividend reflects the company’s ongoing commitment to returning value to shareholders amid a stable financial period. The payment is scheduled for 17 December 2025, with the ex-dividend date set for 26 November and the record date on 27 November.
Franking and Tax Components
The dividend is partially franked at 30%, equating to AUD 0.058 per share, with the remaining 70% classified as unfranked but declared as conduit foreign income. This structure indicates ALS’s international revenue streams and tax positioning, which may appeal to investors seeking a blend of Australian tax credits and foreign income exposure.
Dividend Reinvestment Plan Details
Shareholders have the option to participate in a Dividend Reinvestment Plan (DRP), which allows dividends to be reinvested into newly issued shares rather than paid in cash. Notably, the DRP will be offered with no discount to the five-day volume weighted average price (VWAP) calculated from 1 to 5 December 2025. This approach ensures fairness but may temper enthusiasm among investors looking for a price incentive to reinvest.
Global Currency Payment Flexibility
Recognizing its diverse shareholder base, ALS will facilitate dividend payments in multiple currencies including AUD, USD, EUR, GBP, NZD, HKD, and SGD, depending on the shareholder’s jurisdiction and banking arrangements. Shareholders can also elect to receive payments in a currency different from the default, provided their banks support foreign currency accounts. This flexibility enhances accessibility for international investors.
Looking Ahead
With the dividend announcement coinciding with the release of ALS’s interim financial report, investors will be keen to assess how the company’s operational performance supports this payout. The absence of a DRP discount and the partial franking may influence shareholder participation rates and market sentiment in the lead-up to the payment date.
Bottom Line?
ALS’s dividend declaration underscores steady shareholder returns but leaves open questions on reinvestment appeal and currency impacts.
Questions in the middle?
- How will the absence of a DRP discount affect shareholder uptake?
- What impact will currency fluctuations have on foreign dividend payments?
- Will ALS maintain or increase dividend payouts in the next reporting period?