2016 final ordinary dividend
94 cents per share
Westpac's 2016 final ordinary dividend was announced on 7 November 2016 and paid on 21 December 2016. It was 100% franked with Australian franking credits at the company tax rate of 30%. A New Zealand imputation credit of NZD 0.07 per share was attached to the dividend.
The Dividend Reinvestment Plan (DRP) for the 2016 final dividend operated as follows:
- The Market Price at which shares were issued was $31.32;
- Was satisfied by issuing shares;
- The Market Price at which shares were issued did not include a discount; and
- The Market Price was determined over the 10 trading days commencing on 18 November 2016.
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