ANZ Group Holdings Limited has updated details for its 2026 Interim Dividend, confirming an 83-cent payment per share, partially franked, with dividend reinvestment and bonus option plans priced at AUD 35.31.
- 2026 Interim Dividend of 83 cents per share, 75% franked
- Dividend payable in AUD, NZD, or GBP with specified exchange rates
- Dividend Reinvestment Plan (DRP) and Bonus Option Plan (BOP) prices set at AUD 35.31
- Approximately 9.9% participation in DRP, 2.4% in BOP
- Unfranked dividend portion sourced from conduit foreign income account
Dividend Details and Payment Schedule
ANZ Group Holdings Limited (ASX:ANZ) has confirmed its 2026 Interim Dividend at 83 cents per ordinary share, payable on 1 July 2026. The dividend is partially franked at 75%, with the unfranked portion drawn from ANZ's conduit foreign income account. Shareholders registered as of 12 May 2026 will be entitled to the payment, with the ex-dividend date set on 11 May 2026.
Multi-Currency Dividend Payments and Exchange Rates
In a nod to its international shareholder base, ANZ will pay dividends in Australian dollars (AUD), New Zealand dollars (NZD), or British pounds sterling (GBP), depending on the shareholder's registered address by default. The exchange rates applied for this dividend are AUD/NZD 1.220190 and AUD/GBP 0.538257, translating to NZD 1.012758 and GBP 0.446753 per share respectively. Shareholders may elect to receive their dividend in any of the three currencies by submitting their choice by 13 May 2026.
Dividend Reinvestment and Bonus Option Plans Pricing
ANZ has set the price for both its Dividend Reinvestment Plan (DRP) and Bonus Option Plan (BOP) at AUD 35.31 per share, based on the average daily volume weighted average price from 15 May to 1 June 2026. Participation in the DRP stands at approximately 9.9% of shares on issue, while around 2.4% of shareholders have opted into the BOP. Notably, Australian franking and New Zealand imputation credits will attach to cash dividends and DRP shares but not to shares issued under the BOP.
Tax and Participation Conditions
Shareholders who are Australian residents are reminded to ensure their Tax File Number (TFN), Australian Business Number (ABN), or relevant exemptions are on file with ANZ’s share registry to avoid withholding tax on the unfranked dividend component. Participation in the DRP and BOP is governed by respective terms and conditions, with the DRP involving an on-market purchase of shares by UBS Securities Australia Limited to neutralise dilution effects during the pricing period.
Bottom Line?
ANZ’s detailed dividend update highlights its commitment to accommodating diverse shareholder preferences while managing dilution through a structured DRP buyback program.
Questions in the middle?
- Will DRP and BOP participation rates shift ahead of the 1 July dividend payment?
- How might currency fluctuations impact dividend income for shareholders electing NZD or GBP payments?
- What are the potential tax implications for Australian investors regarding the unfranked dividend sourced from conduit foreign income?