ASX Limited Declares AUD 1.018 Fully Franked Dividend with DRP Option

ASX Declares Half-Year Dividend

ASX Limited has announced an ordinary dividend of AUD 1.018 per fully paid ordinary share for the six months ending 31 December 2025. This dividend is fully franked, reflecting the company’s confidence in its ongoing profitability and commitment to returning value to shareholders.

The dividend timetable sets the ex-date on 20 February 2026, with the record date following on 23 February 2026. Payment is scheduled for 23 March 2026, providing shareholders with a clear timeline for receipt of their dividend payments.

Dividend Reinvestment Plan Details

ASX continues to offer its Dividend Reinvestment Plan (DRP), allowing shareholders to reinvest their dividends into additional shares at a 2.5% discount to the average market price. This plan is available exclusively to shareholders with registered addresses in Australia and New Zealand, reflecting the company’s focus on its core investor base.

The DRP election deadline is 24 February 2026, shortly after the record date, with the reinvestment price calculated based on the average daily volume weighted average price of ASX shares over the nine trading days following the election cut-off. This approach aims to provide a fair and transparent pricing mechanism for participants.

Currency Options and Payment Flexibility

Shareholders have the option to receive their dividends in either Australian dollars (AUD) or New Zealand dollars (NZD), depending on their residency and bank account nominations. Australian residents can elect to receive payments in NZD if they hold a New Zealand bank account, while New Zealand residents can opt for AUD payments via an Australian bank account. This flexibility caters to the trans-Tasman shareholder base and simplifies dividend receipt for investors.

It is worth noting that the exchange rates for NZD payments have not yet been disclosed and will be provided closer to the payment date. This introduces a minor element of uncertainty for shareholders opting for currency conversion but is standard practice for cross-currency dividend payments.

Implications for Investors

The fully franked status of the dividend means shareholders can benefit from franking credits, which may reduce their overall tax liability depending on their individual circumstances. The DRP discount provides an incentive for shareholders to compound their investment in ASX Limited, potentially enhancing long-term returns.

Overall, this dividend announcement underscores ASX Limited’s stable financial position and its commitment to shareholder returns amid a competitive financial services environment. Investors will be watching closely to see the level of participation in the DRP and how the company’s share price responds in the lead-up to the payment date.