Origin Energy has announced a fully franked dividend of AUD 0.30 per share for the six months ending December 2025, with a Dividend Reinvestment Plan available to shareholders.
- AUD 0.30 fully franked ordinary dividend declared
- Dividend relates to six months ending 31 December 2025
- Ex-date set for 2 March 2026, payment on 27 March 2026
- Dividend Reinvestment Plan (DRP) offered with no discount
- DRP shares to be purchased on-market, no new issue
Dividend Announcement Overview
Origin Energy Limited (ASX, ORG) has declared an ordinary dividend of AUD 0.30 per fully paid ordinary share for the half-year period ending 31 December 2025. This dividend is fully franked, reflecting the company’s ability to distribute profits with attached Australian tax credits, a positive signal for income-focused investors.
The dividend will be paid on 27 March 2026, with an ex-dividend date of 2 March 2026 and a record date of 3 March 2026. These dates are critical for shareholders to determine eligibility for the dividend payment.
Dividend Reinvestment Plan Details
Origin Energy continues to offer its Dividend Reinvestment Plan (DRP) for this dividend, allowing shareholders to reinvest their dividend payments into additional shares rather than receiving cash. Notably, the DRP is offered with no discount, and the shares will be acquired on-market rather than issued new, which can help mitigate dilution of existing shareholders’ equity.
The DRP election deadline is 4 March 2026, giving shareholders a narrow window to opt in. The reinvestment price will be calculated as the average market purchase price of shares over a 10 trading day period starting three trading days after the record date, ensuring a fair market-based valuation.
Implications and Market Context
This dividend announcement underscores Origin Energy’s ongoing commitment to returning value to shareholders amid a complex energy market environment. The fully franked status of the dividend highlights the company’s solid tax position and profitability. While the dividend amount remains steady, the absence of a DRP discount may influence participation rates, as some investors typically seek a price incentive to reinvest dividends.
Investors will be watching closely to see how the market responds post ex-dividend date and whether the DRP uptake meets expectations. The on-market purchase approach for DRP shares suggests a cautious stance on equity dilution, which could be viewed positively by the market.
Bottom Line?
Origin Energy’s steady dividend and DRP approach signal confidence but leave questions about future growth and shareholder returns.
Questions in the middle?
- Will Origin Energy maintain or increase dividend payouts in upcoming periods?
- How will the market react to the absence of a DRP discount?
- What impact will on-market DRP purchases have on share price liquidity?