Bank of Queensland updates ordinary dividend, announces capital note distribution

Bank of Queensland Limited (BOQ) has announced an update to its ordinary fully paid dividend and a new distribution for its Capital Notes 2. The ordinary dividend, an update to a previous announcement on October 15, 2025, now includes the Dividend Reinvestment Plan (DRP) price and NZD exchange rate. Security holders of BOQ Ordinary Fully Paid shares will receive A$0.20000000 per security, fully franked at 100% at a corporate tax rate of 30%. The payment date is November 21, 2025, with a DRP price of A$6.81070.

Separately, BOQ announced a new distribution for its BOQPF - CAP NOTE 3-BBSW+3.80% PERP NON-CUM RED T-05-27. This distribution, relating to a period of one quarter ending February 15, 2026, will pay A$1.30060000 per security, fully franked at 100%. The record date for this distribution is January 30, 2026, with payment scheduled for February 16, 2026.

The distribution rate for the Capital Notes 2 is calculated based on the 3-month Bank Bill Swap Rate (BBSW) and a margin of 3.8000%, with an additional rate of -2.2358% to achieve a fully franked distribution. The total distribution rate for the period is 5.2167% per annum.