Latest Dividend

Spark pays dividends on a semi-annual basis. A fully imputed ordinary dividend of 11 cents per share was declared for H1 FY17, together with a 75% imputed special dividend of 1.5 cents per share. A fully imputed ordinary dividend of 11 cents per share has also been declared for H2 FY17, together with a 75% imputed special dividend of 1.5 cents per share, bringing the total dividends for FY17 to 25 cents per share, consistent with FY16.

Subject to no adverse change in operating outlook, Spark anticipates paying a total FY18 dividend per share of 25.0 cents 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.

H2 FY17 Ordinary Dividends H2 FY17 Special Dividends
Ordinary Shares 11.0 cents 1.5 cents
American Depositary Shares *US 40.40 cents *US 5.51 cents
"Ex" dividend dates
New Zealand Stock Exchange,
Australia Securities Exchange
21 Sep 2017 21 Sep 2017
American Depositary Shares 21 Sep 2017 21 Sep 2017
Record dates
New Zealand Stock Exchange,
Australia Securities Exchange
22 Sep 2017 22 Sep 2017
American Depositary Shares 22 Sep 2017 22 Sep 2017
Payment dates
New Zealand, Australia 6 Oct 2017 6 Oct 2017
American Depositary Shares 16 Oct 2017 16 Oct 2017

*Based on an exchange rate at 10 August of NZ$1 to US$0.7345 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.