Santos Limited has announced an ordinary dividend of USD 0.103 per share for the six months ending December 2025, payable in multiple currencies on 25 March 2026.
- Ordinary dividend of USD 0.103 per share declared
- Dividend unfranked and relates to H2 2025
- Payment date set for 25 March 2026
- Dividend payable in multiple currencies based on shareholder location
- Dividend Reinvestment Plan exists but not applicable for this payment
Santos Announces Dividend for Second Half of 2025
Santos Limited (ASX – STO), a major player in the Australian energy sector, has declared an ordinary dividend of USD 0.103 per share for the six-month period ending 31 December 2025. This dividend announcement, made on 18 February 2026, signals a steady return to shareholders amid ongoing market dynamics in the oil and gas industry.
Key Dates and Payment Details
The ex-dividend date is set for 23 February 2026, with the record date following on 24 February 2026. Shareholders registered by this date will be eligible for the dividend payment scheduled for 25 March 2026. Notably, the dividend is unfranked, meaning it does not carry Australian franking credits, which may influence tax considerations for investors.
Currency Options Reflect Global Shareholder Base
Reflecting Santos’ international shareholder base, the dividend will be paid primarily in US dollars but can also be received in Australian dollars, British pounds, or Papua New Guinean kina depending on the shareholder’s location or election. Shareholders have until the record date to elect their preferred currency through the company’s share registry, Computershare. This flexibility underscores Santos’ commitment to accommodating its diverse investor community.
Dividend Reinvestment Plan Not Applicable
While Santos maintains a Dividend Reinvestment Plan (DRP), it will not apply to this dividend payment. This decision may reflect the company’s current capital management strategy or market conditions, leaving shareholders to receive cash payments rather than reinvesting dividends into additional shares.
Overall, this dividend announcement provides a clear signal of Santos’ ongoing commitment to delivering shareholder value despite the challenges in the energy sector. The unfranked nature and currency options add layers of complexity that investors will want to consider carefully.
Bottom Line?
As Santos prepares to pay its H2 2025 dividend, currency fluctuations and global market conditions will be key factors to watch.
Questions in the middle?
- How will currency exchange rate movements impact the AUD equivalent dividend received by shareholders?
- What are the implications of the dividend being fully unfranked for different classes of investors?
- Will Santos reconsider applying the Dividend Reinvestment Plan in future payments amid evolving market conditions?