Latest Dividend

Spark pays dividends on a semi-annual basis. A 75% imputed ordinary dividend of 11 cents per share was declared for H1 FY19, together with a 75% imputed special dividend of 1.5 cents per share.

For FY19, subject to there being no material adverse changes in operating outlook, Spark anticipates paying an annual total dividend of 25 cents per share.  This is likely to be made up of an ordinary dividend determined by earnings, topped up by a special dividend to maintain a total dividend of 25 cents per share.  It is currently anticipated that the FY19 ordinary and special dividend will be at least 75% imputed.  The dividend reinvestment plan remains suspended. 

H1 FY19 Ordinary Dividends H1 FY19 Special Dividends
Dividends declared
Ordinary Shares 11.0 cents 1.5 cents
American Depositary Shares* TBA US cents TBA US cents
Imputation
Percentage imputed 75% 75%
Imputation credits per share 3.2083 cents 0.4375 cents
Supplementary dividend per share** 1.4559 cents 0.1985 cents
‘Ex’ dividend dates
New Zealand Stock Exchange 14 Mar 2019 14 Mar 2019
Australian Securities Exchange 14 Mar 2019 14 Mar 2019
American Depositary Shares  13 Mar 2019 13 Mar 2019
Record dates
New Zealand Stock Exchange 15 Mar 2019 15 Mar 2019
Australian Securities Exchange 15 Mar 2019 15 Mar 2019
American Depositary Shares  15 Mar 2019 15 Mar 2019
Payment dates
New Zealand and Australia 5 Apr 2019 5 Apr 2019
American Depositary Shares 19 Apr 2019 19 Apr 2019

*Based on a ratio of five ordinary shares per one American Depositary Share.  The actual exchange rate for conversion is determined in the week prior to payment when the Bank of New York performs the physical currency conversion.

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