OZ Minerals dividend payment details
| Type |
Payment date |
Record date |
Amount per share |
Franking** |
DRP*** price/share |
| Half year |
16 September 2011 |
29 August 2011 |
30c |
0% |
n/a - DRP suspended |
| Full |
9 March 2011 |
23 February 2011 |
4c * |
0% |
n/a - DRP suspended |
| Half year |
21 September 2010 |
07 September 2010 |
3c * |
0% |
n/a - DRP suspended |
| Full |
February 2010 |
- |
no dividend |
n/a |
n/a |
| Half year |
August 2009 |
- |
no dividend |
n/a |
n/a |
|
| Full |
February 2009 |
- |
no dividend |
n/a |
n/a |
| Half year |
29 September 2008 |
03 September 2008 |
5c * |
0% |
$1.4333 |
*Dividends paid on a cents per pre share consolidated basis. Ten for one share consolidation occured in June 2011.
**For Non Australian shareholders, all of the unfranked amount is foreign sourced income.
***Dividend Reinvestment Plan
Receiving dividend payments
Please note that as previously advised dividend payments will be made in the form of cash via electronic bank transfer only. Shareholders who have not provided their bank account details or need to update their bank details are reminded to fill out the Direct Credit Payment Form below and send it to OZ Minerals Limited’s share registry - Link Market Services Limited
Additional forms
Dividend policy
In 2010 the Board adopted a policy of paying a dividend equivalent to 30-60% of underlying profits from normal operations on an annual basis, taking into account the cash available for payment for a dividend and the competing capital and growth requirements of the business. As a mining company, profits and therefore dividends will vary with commodity prices, exchange rates, productions and cost variations.
Dividend announcements are made at the time of release of OZ Minerals’ full year and half year financial results.
Dividend reinvestment plan (DRP)
In 2010 the Board made the decision to suspend the dividend reinvestment plan. Due to the suspension of the plan all shareholders will be paid dividends in cash.
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