2016 Final Dividend Summary Table1 |
|
|||
|
NZ residents |
Australian residents |
|
|
NZ cents per share |
on top marginal tax rate of 33% |
on top marginal tax rate of 49% |
Australian residents on |
Other non- residents |
dividend declared |
20.0000 |
20.0000 |
20.0000 |
20.0000 |
NZ imputation credits2 |
7.7778 |
|
|
|
NZ supplementary dividend3 |
|
3.5294 |
3.5294 |
3.5294 |
Australian franking credits4 |
|
0.0000 |
0.0000 |
|
Gross dividend for NZ tax purposes |
27.7778 |
23.5294 |
23.5294 |
23.5294 |
NZ tax (33%)5 |
(9.1667) |
|
|
|
NZ non-resident withholding tax (15%)6 |
|
(3.5294) |
(3.5294) |
(3.5294) |
Net cash received after NZ tax |
18.6111 |
20.0000 |
20.0000 |
20.0000 |
Australian tax (49% and 15%)7 |
|
(11.5294) |
(3.5294) |
|
Reduced by offset for NZ non-resident withholding tax |
|
3.5294 |
3.5294 |
|
Less Australian franking credit offset |
|
0.0000 |
0.0000 |
|
Net cash dividend to shareholders after tax |
18.6111 |
12.0000 |
20.0000 |
20.0000 |
The dividend will be paid on 12 October 2016 to holders registered as at 5pm Friday September 2016 (NZT).
Dividend Reinvestment Plan: Operative