Dividends

The current policy, subject to relevant factors at the time, including working capital and growth, is that the annual dividend paid will be between 50-70% of Underlying Net Profit After Tax.

Please note: Abano’s dividend policy is subject to change at any time.

Visit NZX.com for more information about Abano’s dividend payments, including imputation credits

Interim Dividend
Cents Per Share
Final Dividend
Cents Per Share
Year ended 31 May 2019
DRP Issue Price
Record Date
Payment Date
16 cents
$6.05
11 February 2019
22 February 2019
8 cents
$3.93
20 August 2019
3 September 2019
Year ended 31 May 2018
DRP Issue Price
Record Date
Payment Date
16 cents
$9.65
9 January 2018
19 January 2018
20 cents
$8.37
9 August 2018
20 August 2018
Year ended 31 May 2017
DRP Issue Price
Record Date
Payment Date
16 cents
Suspended
11 January 2017
23 January 2017
20 cents
Suspended
9 August 2017
18 August 2017
Year ended 31 May 2016
DRP Issue Price
Record Date
Payment Date
10 cents
$6.89
11 January 2016
22 January 2016
20 cents
$8.09
11 August 2016
22 August 2016
Year ended 31 May 2015
DRP Issue Price
Record Date
Payment Date
10 cents
$7.88
12 January 2015
23 January 2015
15 cents
$7.48
12 August 2015
21 August 2015
Year ended 31 May 2014
DRP Issue Price
Record Date
Payment Date
7.3 cents
$6.21
10 January 2014
24 January 2014
13.7 cents
$6.54
11 August 2014
21 August 2014
Year ended 31 May 2013
DRP Issue Price
Record Date
Payment date
7.3 cents
$6.41
14 January 2013
29 January 2013
13.7 cents
$6.30
13 August 2013
23 August 2013
Year ended 31 May 2012
DRP Issue Price
Record date
Payment date
7.3 cents
$4.04
12 January 2012
27 January 2012
13.7 cents
$4.55
10 August 2012
24 August 2012
Year ended 31 May 2011
DRP Issue Price
Record date
Payment date
7.3 cents ²
Suspended
13 January 2011
20 January 2011
13.7 cents
$4.13
10 August 2011
24 August 2011
Year ended 31 May 2010
DRP Issue Price
Record date
Payment date
52 cents ¹
$5.93
17 November 2009
2 December 2009
13.7 cents
Suspended
10 August 2010
17 August 2010
Year ended 31 May 2009
Record date
Payment date
9 cents
16 January 2009
23 January 2009
12 cents
12 August 2009
19 August 2009
Year ended 31 May 2008
Record date
Payment date
13 cents
2 April 2008
9 April 2008
5 cents
14 August 2008
21 August 2008
Year ended 31 May 2007
Record date
Payment date
11 cents
13 August 2007
20 August 2007

¹ Special early interim dividend paid following settlement of sale of Abano’s New Zealand audiology business. DRP suspended for the payment of the full year dividend due to growing discussion in financial and media circles surrounding a potential sale of National Hearing Care, in which Abano holds a 13% shareholding on a 50:50 basis with interests associated with Peter Hutson.

² DRP suspended for the payment of the 2011 interim dividend due to share cancellation


Abano’s Dividend Reinvestment Plan

Abano Healthcare Group Limited has established a Dividend Reinvestment Plan (DRP) as part of its shareholder relations programme. This offers shareholders the opportunity to directly increase their investment in the company by applying dividends received on some or all of their existing shares in the acquisition of additional shares.

The DRP offer document below explains how the plan works, and the Participation Notice is also available below should you wish to participate.

Shareholders can also elect to participate in, or withdraw from, the DRP scheme online at computershare.com. Shareholders will require their CSN/Shareholder Number and FIN. If you have any questions about accessing Computershare’s Investor Centre, please contact Computershare on +64 9 488 8777.

Abano DRP Offer Document 18 December 2017

Abano Notice of Participation Form 18 December 2017