Viva Energy has confirmed a $2.98 Dividend Reinvestment Plan price for its 7.73-cent fully franked interim dividend. The payment is due on 30 September, with new shares issued to participating investors at a 1.5% discount.
- $2.98 DRP price confirmed
- 7.73 cents per share fully franked
- 1.5% discount to five-day VWAP
- Cash payment due 30 September
- New DRP shares to be issued
DRP Price Confirmed at $2.98
Viva Energy Group Limited (ASX:VEA) has set the price for reinvesting its 2026 interim dividend at $2.98 per share, giving shareholders a final figure for the previously announced Dividend Reinvestment Plan. The price reflects a 1.5% discount to the relevant five-day volume-weighted average price.
The underlying dividend remains unchanged at 7.73 cents per share. It is fully franked at the corporate tax rate of 30%, meaning shareholders who qualify for the associated franking credits receive the distribution in cash or shares with the full stated tax benefit attached.
Cash or New Shares on 30 September
Viva Energy will pay the dividend on 30 September 2026, with new DRP securities issued on the same date to eligible shareholders who elected to participate. Investors who did not make an election default to cash rather than reinvestment.
The announcement does not disclose how many shareholders have chosen the DRP or how many new shares will be issued. That figure will determine the size of any incremental equity issuance and the extent of dilution for investors who take the cash option, making the eventual share count the next practical detail to track.
Bottom Line?
The dividend terms are now fixed, but the market will not know the DRP’s capital impact until Viva Energy discloses the number of shares issued on 30 September.
Questions in the middle?
- How many shareholders will choose reinvestment at the $2.98 price?
- What total value of new shares will Viva Energy issue through the DRP?
- How will the post-payment share count affect future per-share distributions?