Ansell Limited has updated its FY26 interim dividend details, confirming a USD 0.266 per share unfranked dividend payable in March with a reinvestment plan available.
- Interim dividend set at USD 0.266 per share
- Dividend unfranked and paid in US dollars
- Dividend payment date scheduled for 13 March 2026
- Dividend Reinvestment Plan (DRP) offered with no discount
- Record date was 24 February 2026
Ansell Updates Dividend Exchange Rate
Ansell Limited, a key player in the healthcare and medical supplies sector, has provided an update to its FY26 interim dividend announcement. The company confirmed the dividend exchange rate and finalised the dividend details initially announced earlier this month. Investors now know the exact dividend amount and payment schedule, which is crucial for income-focused shareholders.
Dividend Details and Currency Considerations
The declared interim dividend is USD 0.266 per ordinary fully paid share, translating to approximately AUD 0.3768 based on the exchange rate provided. Notably, the dividend is unfranked, meaning it carries no Australian franking credits. This is important for investors considering the tax implications of their dividend income. The dividend will be paid in US dollars on 13 March 2026, with the record date set on 24 February 2026 and the ex-dividend date on 23 February 2026.
Dividend Reinvestment Plan Terms
Ansell’s Dividend Reinvestment Plan (DRP) remains in place for this interim dividend, allowing shareholders to reinvest their dividends into additional shares rather than receiving cash. The DRP is offered with no discount on the share price, and participation is limited to residents of Australia, New Zealand, and the United Kingdom. The pricing period for DRP shares spans five days starting three days after the record date, ensuring a fair market price for reinvested shares.
Implications for Investors
This update provides clarity for investors on the exact dividend amount and currency exposure. With the dividend paid in USD, currency fluctuations could impact the Australian dollar value received by shareholders. The absence of franking credits may also influence the after-tax return for Australian investors. The DRP’s no-discount feature suggests Ansell is maintaining a straightforward approach to shareholder returns without incentivising reinvestment through price concessions.
Looking Ahead
As Ansell moves through FY26, investors will be watching for further dividend announcements and any shifts in currency or market conditions that could affect returns. The company’s steady dividend policy and transparent updates help maintain investor confidence in a sector where consistent income streams are valued.
Bottom Line?
Ansell’s clear dividend update sets the stage for investor decisions amid currency and tax considerations.
Questions in the middle?
- Will Ansell maintain or increase dividend payouts for the full FY26 year?
- How might USD/AUD exchange rate fluctuations affect future dividend values?
- What impact will the unfranked status have on different investor groups’ after-tax returns?