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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.

You can find a copy of Trustpower’s dividend policy here. This chart details the dividends paid to shareholders since the demerger in October 2016.

	March 2020	March 2019	March 2018	March 2017
Interim Dividend (cents)	17.00	17.00	17.00	16.00
Final Dividend (cents)		17.00	17.00	17.00
Special Dividend (cents)	15.00	25.00	-	-
	32.00	59.00	34.00	33.00

Dividend ($000)	100,151	184,654	106,230	103,281

Net profit after tax ($000)		92,678	129,395	93,989
Amortisation ($000)		15,378	15,784	15,549
Depreciation ($000)		31,778	30,885	31,985
Impairment of assets ($000)		10,855	5,099	3,479
Fair value movement of financial instruments ($000)		5,774	3,056	(4,735)

Adjusted Cash Profit ($000)		156,463	184,219	140,267

Dividend as % NPAT		115%	82%	110%
Dividend as % Cash Profit		68%	58%	74%