AMCIL Limited has announced a fully franked ordinary dividend of AUD 0.01 per share for the half-year ending December 2025, with options for dividend reinvestment and bonus securities.
- Ordinary dividend of AUD 0.01 per share, fully franked at 30%
- Ex-dividend date set for 2 February 2026, payment on 24 February 2026
- Dividend Reinvestment Plan (DRP) and Bonus Security Plan (BSP) available with no discount
- DRP and BSP securities to be newly issued and rank pari passu from issue date
- Election deadline for DRP and BSP participation is 4 February 2026
AMCIL Limited Announces Dividend for H1 2025
AMCIL Limited (ASX – AMH) has declared an ordinary dividend of AUD 0.01 per share for the six months ending 31 December 2025. This dividend is fully franked, reflecting the company’s ability to distribute profits with a 30% corporate tax credit attached, which is a positive signal for income-focused investors.
The ex-dividend date is scheduled for 2 February 2026, with the record date following on 3 February 2026. Shareholders on the register as of the record date will be eligible to receive the dividend payment, which is set for 24 February 2026.
Dividend Reinvestment and Bonus Security Plans
AMCIL 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 rather than receiving cash payments. Notably, there is no discount applied to the DRP or BSP shares, which means new shares will be issued at the average market price over a five-day period starting from the ex-dividend date.
The deadline for shareholders to elect participation in either plan is 4 February 2026 at 5 – 00 pm. If no election is made, the default option is to receive the dividend in cash. The new shares issued under these plans will rank equally with existing shares from the date of issue, maintaining shareholder equity.
Implications for Investors
This dividend announcement underscores AMCIL’s ongoing commitment to returning value to shareholders through a steady income stream. The fully franked nature of the dividend is particularly attractive in the Australian tax environment, potentially enhancing after-tax returns for eligible investors.
However, the absence of a discount on the DRP and BSP shares may influence the uptake of these reinvestment options, as investors often seek a price incentive to reinvest dividends. Monitoring shareholder participation rates in these plans will provide insight into investor sentiment and capital management strategies moving forward.
Bottom Line?
AMCIL’s fully franked dividend and reinvestment options set the stage for shareholder value continuity, with market response to DRP and BSP uptake to watch closely.
Questions in the middle?
- What level of shareholder participation will AMCIL see in the DRP and BSP without a discount?
- Will AMCIL maintain or adjust its dividend policy in future periods amid market conditions?
- How might the issuance of new shares under DRP and BSP impact AMCIL’s share capital and market liquidity?