31 July 2020
31 July 2019
31 July 2018
31 July 2017
31 July 2016
|Total annual dividend||5||0||10||40||40|
* 10 cents per share paid in June and September.
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The Fonterra Co-Operative Group Limited Dividend Reinvestment Plan allows farmer shareholders to receive shares in lieu of all or part of a cash dividend. The Fonterra Shareholders’ Fund (Fund) Distribution Reinvestment Plan allows unitholders to receive units in lieu of all or part of a cash distribution.
Distribution Reinvestment Plan January 2020
Dividend Reinvestment Plan January 2020
Distribution reinvestment plan FMCA notice, 27 November 2014
Dividend reinvestment plan FMCA notice, 27 November 2014
Under the new guidelines, the Board would expect over time to distribute half of our net earnings, excluding abnormal gains
Previously, the Dividend Policy was 65-75% of adjusted Net Profit After Tax over a period of time. The new guidelines better reflect the annual performance and financial strength of the Co-operative.
An interim dividend will not be more than 40% of the forecast total dividend and no more than net earnings at half-year.
In addition to the new payout percentage, two additional key principles will guide the Board when considering the payment of a dividend:
The distribution of any abnormal gains, such as an asset sale, will be considered separately.
The Board will apply these new guidelines at its discretion, alongside any factors it considers relevant.
Fonterra business updates and financial results.