Announcement
CORPACT: ARG: ARG announces second quarter dividend
08:31am
ARG
20/11/2019 08:30
CORPACT
NOT PRICE SENSITIVE
REL: 0830 HRS Argosy Property Limited
CORPACT: ARG: ARG announces second quarter dividend
Argosy Property Limited (Company) has announced a second quarter (for the
period to 30 September) cash dividend for the 2020 financial year of 1.56875
cents per share. Imputation credits of 0.264931 cents per share will be
attached to the dividend representing income tax paid by the Company.
Overseas investors will receive an additional supplementary dividend of
0.120221 cents per share to offset non-resident withholding tax.
As Argosy is a PIE the dividend is able to be treated as excluded income for
New Zealand income tax purposes. For shareholders who choose to include the
dividend in their New Zealand income tax return the Company's second quarter
dividend of 1.56875 cents per share is made up of:
- a fully imputed dividend of 0.681250 cents per share with imputation
credits of 0.264931 cents per share attached; and
- an excluded distribution of 0.887500 cents per share.
Shareholders who treat the entire dividend as excluded income for New Zealand
income tax purposes will not be able to claim the imputation credits.
The record date for the dividend is 5 December 2019 and the payment date is
19 December 2019.
An Election Notice can be obtained by contacting Computershare on (09) 488
8777.
End CA:00344556 For:ARG Type:CORPACT Time:2019-11-20 08:31:05
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