Stealth Group has confirmed a $1.24940 Dividend Reinvestment Plan price for its fully franked 1.5-cent annual dividend. Shareholders choosing cash will be paid on 30 September, while reinvestment shares are scheduled for issue on 7 October.
- $1.24940 DRP price confirmed after 10 trading days
- 1.5 cents per share, fully franked at 30%
- 5% discount applied under the reinvestment plan
- Cash dividend payable on 30 September 2026
- DRP shares scheduled for issue on 7 October
DRP Price Locked In at $1.24940
Stealth Group Holdings Ltd (ASX:SGI) has set the final price for shareholders who elect to reinvest the company’s annual dividend, confirming that each new share issued under the Dividend Reinvestment Plan will be priced at $1.24940. The figure follows the required 10-trading-day calculation period from 4 to 17 September and includes a 5% discount.
The update does not change the distribution itself. Stealth will pay an ordinary dividend of AUD 0.015 per share for the year ended 30 June 2026, fully franked at a 30% corporate tax rate. Shareholders who do not participate in the DRP will receive the dividend in cash.
Cash Payment Arrives Before New Shares
The cash payment is due on 30 September 2026, with any DRP securities scheduled for issue on 7 October. The plan’s allocation price is based on the average daily volume-weighted average price over the 10 specified trading days, excluding trades the company says do not reflect normal supply and demand.
For shareholders, the decision is straightforward but not identical in effect: taking cash preserves the dividend as income, while reinvesting converts the distribution into additional exposure to SGI at the disclosed discounted price. The filing does not state how many new shares will ultimately be issued through the plan, so the resulting increase in the company’s share count remains to be seen.
Shareholder Choice Sets the Next Signal
This is a confirmation notice rather than a new dividend declaration, but the final DRP price gives investors the concrete terms needed to assess participation. The immediate milestones are the 30 September cash payment and the subsequent issue of DRP shares, after which the number of securities created will show how widely shareholders opted to reinvest.
Bottom Line?
The dividend terms are now fixed; the next useful datapoint will be the number of new shares issued under the DRP and its effect on SGI’s share count.
Questions in the middle?
- How many shareholders will choose reinvestment rather than the cash alternative?
- How many new SGI shares will be issued under the DRP on 7 October?
- Will the reinvestment option materially change the company’s issued capital?
- headlineOptions?