Latest Dividend

Spark pays dividends on a semi-annual basis. A 75% imputed ordinary dividend of 11.0 cents per share has been declared for H1 FY18, together with a 75% imputed special dividend of 1.5 cents per share, bringing the total dividends for H1 FY18 to 12.5 cents per share.

Subject to no adverse changes in operating outlook, Spark anticipates paying a total FY18 dividend of 25.0 cents per share that is at least 75% imputed. This dividend is likely to be made up of an ordinary dividend determined by earnings, topped up by a special dividend to maintain a total dividend per share of 25.0 cents. The dividend reinvestment plan remains suspended. 

H1 FY18 Ordinary Dividends H1 FY18 Special Dividends
Dividends declared
Ordinary Shares 11.0 cents 1.5 cents
American Depositary Shares* 39.76 US cents 5.42 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 15 Mar 2018 15 Mar 2018
Australian Securities Exchange 15 Mar 2018 15 Mar 2018
American Depositary Shares  15 Mar 2018 15 Mar 2018
Record dates
New Zealand Stock Exchange 16 Mar 2018 16 Mar 2018
Australian Securities Exchange 16 Mar 2018 16 Mar 2018
American Depositary Shares  16 Mar 2018 16 Mar 2018
Payment dates
New Zealand and Australia 6 Apr 2018 6 Apr 2018
American Depositary Shares 20 Apr 2018 20 Apr 2018

*Based on the exchange rate of NZ$1 to US$0.7229788 and a ratio of five ordinary shares per one American Depositary Share.

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