Latest Dividend

Spark pays dividends on a semi-annual basis. A 75% imputed ordinary dividend of 12.5 cents per share was declared for H1 FY20.

For FY20, subject to there being no material adverse changes in operating outlook, Spark anticipates paying an annual total dividend of 25 cents per share at least 75% imputed. 

The dividend reinvestment plan remains suspended. 

H1 FY20 Ordinary Dividends
Dividends declared
Ordinary Shares 12.5 cents
American Depositary Shares* 40.27 US cents
Imputation
Percentage imputed 75%
Imputation credits per share 3.6458 cents
Supplementary dividend per share** 1.6544 cents
‘Ex’ dividend dates
New Zealand Stock Exchange 12 Mar 2020
Australian Securities Exchange 12 Mar 2020
American Depositary Shares  12 Mar 2020
Record dates
New Zealand Stock Exchange 13 Mar 20
Australian Securities Exchange 13 Mar 20
American Depositary Shares  13 Mar 20
Payment dates
New Zealand and Australia 3 Apr 2020
American Depositary Shares 17 Apr 20

*Based on the exchange rate at 17 February of NZ$1 to US$0.6443 and a ratio of five ordinary shares per one American Depositary Share.  The actual exchange rate used for conversion is determined in the week prior to payment when the Bank of New York Mellon performs the physical currency conversion.    

**Supplementary dividends are paid to non-resident shareholders.