Whitefield Industrials Declares Fully Franked AUD 0.105 Dividend with DRP and BSP Options

Dividend Announcement Overview

Whitefield Industrials Limited (ASX, WHF) has declared an ordinary dividend of AUD 0.105 per share, fully franked, for the six-month period ending 30 September 2025. This dividend reflects the company’s ongoing commitment to returning value to shareholders amid steady operational performance in the industrial sector.

The dividend will be paid on 19 December 2025, with the shares trading ex-dividend from 4 December 2025 and a record date set for 5 December 2025. The fully franked nature of the dividend means shareholders will benefit from a 30% corporate tax credit, enhancing the effective yield.

Reinvestment and Bonus Security Plans

In addition to the cash dividend, Whitefield Industrials offers shareholders the option to participate in a Dividend Reinvestment Plan (DRP) and a Bonus Security Plan (BSP). Both plans allow shareholders to reinvest their dividends into new shares without any discount on the issue price, which is calculated as the weighted average market price over five trading days starting from the ex-dividend date.

Notably, the DRP and BSP securities will be newly issued and rank equally with existing shares from the date of issue, ensuring no dilution of shareholder rights. Shareholders wishing to participate must lodge their election by 8 December 2025. However, these plans are not available to shareholders with registered addresses outside Australia and New Zealand, which may limit international participation.

Implications for Investors

The announcement signals Whitefield Industrials’ confidence in its cash flow and profitability, sustaining a fully franked dividend payout. The availability of DRP and BSP options without discounts suggests a balanced approach to capital management, aiming to preserve shareholder value while supporting equity capital growth.

Investors will be watching closely how many shareholders opt into the reinvestment plans, as this can influence the company’s capital structure and share price dynamics in the lead-up to the payment date. The exclusion of overseas shareholders from these plans may also affect the uptake and liquidity of the shares.

Overall, the dividend announcement aligns with market expectations and reinforces Whitefield Industrials’ steady financial footing in a competitive industrial landscape.