Northern Star resources updates dividend, sets DRP price

Northern Star Resources Ltd (NST) has announced an update to its ordinary dividend/distribution for the period ending June 30, 2025. The total dividend payment per security will be A$0.30, fully franked at 100% with an applicable corporate tax rate of 30%. The record date for the dividend is September 3, 2025, with an ex-date of September 2, 2025, and a payment date set for September 25, 2025.

The Dividend/Distribution Reinvestment Plan (DRP) is applicable for this dividend. The DRP price has been set at A$20.00, determined by the arithmetic average of daily volume-weighted average sale prices of shares on ASX over five trading days immediately following the record date. The DRP discount rate is 0%, and DRP securities will be a new issue, ranking pari passu from the issue date of September 25, 2025.

The last date for lodging election notices to the share registry under the DRP is September 4, 2025, at 5:00 PM. Shareholders who do not opt to participate in the DRP will receive a cash payment. Further details on the DRP, including international offer restrictions, are available in the plan rules.