Steadfast Group announces DRP price for ordinary dividend
Steadfast Group Limited (SDF) announced an update to its ordinary dividend distribution for the period ending June 30, 2025. The company will pay an ordinary dividend of AUD 0.11700000 per security, fully franked at 100% with an applicable corporate tax rate for franking credit of 30%. The record date for the dividend is September 4, 2025, with an ex-date of September 3, 2025, and payment scheduled for September 26, 2025.
The Dividend Reinvestment Plan (DRP) is applicable to this distribution, with a DRP discount rate of 2.50%. The DRP price has been set at AUD 5.98200 per security. This price was determined by the arithmetic average of the daily volume-weighted average price (VWAP) of SDF ordinary shares traded on ASX over five days from September 8, 2025, to September 12, 2025.
DRP securities will be new issues and will rank pari passu from the issue date of September 26, 2025. The deadline for lodging DRP election notices with the share registry was September 5, 2025. If shareholders did not indicate participation, the default option is a cash payment.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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