The first half of the 2018 financial year saw us maintain a strong focus on upgrading the airport infrastructure
The Board of Directors have declared a fully imputed dividend of 10.75 cents per share. The dividend will be paid on 5 April 2018, for shareholders on the register at the record date being 20 March 2018.
A dividend reinvestment plan is available for shareholders resident in New Zealand or Australia wishing to reinvest all or part of their future dividends in additional Auckland Airport shares.
The dividend reinvestment plan is 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 offer document).
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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