View Auckland Airport’s Interim Report for the financial year to 31 December 2016
The FY2017 interim dividend of 10.0 cents per share was paid on 4 April 2017.
The dividend reinvestment plan was reinstated for this dividend and offered at a discount of 2.5% to the Volume Weighted Average share price of Auckland Airport shares calculated over a period of five Business Days starting on the "Ex Date" which is one Business Day before the Record Date (as set out in the Dividend Reinvestment Plan).
Auckland Airport has reinstated its dividend reinvestment plan. The plan allows shareholders resident in New Zealand or Australia to invest all or part of their dividends by taking up additional Auckland Airport shares instead of receiving cash.
Details of the plan, including how to participate, is available below:
Auckland Airport’s dividend policy is to pay 100% of underlying net profit after tax (excluding unrealised gains and losses arising from a revaluation of property or treasury instruments and other one-off items), noting that, in special circumstances, the directors may consider the payment of ordinary dividends above or below this level, subject to the company’s cash flow requirements, forecast credit metrics and outlook at the time.
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