Dividend Reinvestment Plan

A smart way to grow your shareholding!

Dividend Reinvestment Plan

The Auswide Bank Dividend Reinvestment Plan (DRP) allows shareholders to reinvest their dividends into additional Auswide Bank Ltd shares.

The choices are for Full Participation (where the dividend on all fully paid shares or contributing shares held is reinvested in new shares) or Partial Participation (where the dividend on a specified number of shares is reinvested in new shares). On each dividend payment date, when the DRP is applied by the company, the dividend on your participating shares is automatically reinvested in new shares.

Shares issued under the DRP rank equally in every respect with existing fully paid permanent ordinary shares and participate in all cash dividends declared after the date of issue. They are allotted free of brokerage and credits continue to be available in respect of franking. A DRP Statement providing details of your participation is sent to you after each dividend payment. Participation in the DRP is optional - you may join, modify your participation or leave the Plan at any time.

To find out more, please read the DRP Terms & Conditions.

  • To join the DRP, or to vary your participation, visit the Computershare Investor Centre website.
  • To leave the DRP, write to our Share Registry.
  • If you are not participating in the DRP, dividends will be paid directly into your nominated bank account as recorded on the Share Register or by cheque to the shareholder's registered address. You can review and, if necessary, update your banking or address details online at the Computershare Investor Centre website or you can write to Computershare. We encourage these shareholders to elect to receive dividends directly into their bank account, as it is the fastest and most efficient mechanism for us to make payment.

DIVIDEND REINVESTMENT PLAN HISTORY

22 February 2016 DRP reintroduced
28 August 2015 DRP suspended
19 February 2014 DRP reintroduced
21 August 2012 DRP suspended
28 August 2008 DRP reintroduced

Historical Dividend Reinvestment Plan Discount Percentage and Share Issue Prices

2015/2016 2.5%
2.5%
$4.96
$4.84
(final)
(interim)
2014/2015
2.5%
DRP Suspended
$5.27
(final)
(interim)
2013/2014 2.5%
2.5%
$5.32
$5.56
(final)
(interim)
2012/2013 DRP Suspended
DRP Suspended
(final)
(interim)
2011/2012
5%
DRP Suspended
$6.60
(final)
(interim)
2010/2011 5%
7.5%
$7.07
$9.10
(final)
(interim)
2009/2010 7.5%
7.5%
$9.67
$9.54
(final)
(interim)
2008/2009 7.5%
7.5%
$8.56
$5.44
(final)
(interim)
2007/2008 2.5% $8.38 (final)