Dividends

Notice of 2023 Final Dividend

In February 2024, Magontec declared an unfranked dividend of 0.6 cents per ordinary share with respect to the half year ended 31 December 2023.

Dividend Reinvestment Plan

Magontec Limited has established a Dividend Reinvestment Plan whereby shareholders may elect to use their cash dividend for the purchase of MGL shares. The Plan Rules can be accessed below.

Elections once made do not need to be refreshed each period unless a change or update to that election is required.

Click here to access the DRP Election Form

The timetable for the 2023 Final Dividend is set out below:

Ex-Dividend Date – Tuesday, 2 April 2024
Record Date – Wednesday 3 April 2024
DRP Election Date – Thursday 4 April 2024 at 5pm AEST
DRP Pricing Period – Friday 5 April 2024 – Thursday 18 April 2024
Dividend Payment Date/Issue of New Shares from DRP – Tuesday 30 April 2024

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