Please note that the bar chart below utilizes only the declared dividend and any Special dividend. It DOES NOT include
imputation credits (for NZ residents) and /or supplementary dividends (which are for non residents). Information on
Imputation credits and Supplementary dividends may be either found further down this page or on the NZX website.
Dividends and other distributions are made at the discretion of Scales’ Board. The payment of dividends is not guaranteed, and the dividend policy may change over time.
Scales current policy is to target a dividend payout ratio, in respect of each financial year, of between 65% and 75% of Underlying NPAT.
Dividend payments will be split approximately evenly between interim and final, and will be payable in January (interim) and July (final).
The Scales Board will take into account all relevant considerations at the time of declaring dividends, including:
- Current year trading expectations;
- Working Capital and Capital Expenditure requirements;
- Investment intentions;
- Current and forecast “Net cash/Net debt” position;
- Satisfaction of the solvency requirements of the Companies Act;
- Banking or other funding requirements by which Scales is bound from time to time, including bank facility covenants.
Scales is currently committed to an annual dividend level of no less than 19c cash per share whilst the company holds Net Cash.
|Dividend||Ex Date||Amount||Imputation||Payment Date|
|(cents per share)|
|2015 Final||28-Jun-2016||6.5||100%||08-Jul 2016|
Click on below links to go to your area of interest.
[ Home ] [ Dividend Yield Tips ] [ Dividend Yield Links ] [ Frequently Asked Questions ]
[ NZ Shares ] [ NZ High to Low Dividend ] [ NZ Type of Business ]
[ NZ Compare Data ] [ Desired Dividend Yield Percentage (NZ Shares) ]