Dividend Yield.....

Scales Corporation Ltd. Dividend History.


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, although at a level no greater than actual Net Profit for each year.


DividendEx DateAmountImputationPayment Date
(cents per share)
2019 Final26-Jun-20209.5100%10-Jul-2020
2019 Interim06-Jan-20209.5100%17-Jan-2020
2018 Final25-Jun-20199.5100%05-Jul-2019
2018 Interim08-Jan-20199.5100%18-Jan-2019
2017 Final26-Jun-20189.0100%06-Jul-2018
2017 Interim09-Jan-20189.0100%19-Jan-2018
2016 Final27-Jun-201710.0100%07-Jul-2017
2016 Interim05-Jan-20178.0100%18-Jan-2017
2015 Final28-Jun-20166.5100%08-Jul 2016
2015 Special07-Jan-20164.0100%20-Jan-1016
2015 Interim07-Jan-20166.5100%20-Jan-2016
2014 Final29-Jun-20157.0100%10-Jul-2015
2014 Interim05-Dec-20143.0100%19-Dec-2014

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