Dividends and other distributions are made at the discretion of Scales’ Board. The payment of dividends is not guaranteed, and the dividend policy may change over time.
Scales current policy is to target a dividend payout ratio, in respect of each financial year, of between 65% and 75% of Underlying NPAT.
Dividend payments will be split approximately evenly between interim and final, and will be payable in January (interim) and July (final).
The Scales Board will take into account all relevant considerations at the time of declaring dividends, including:
Scales is currently committed to an annual dividend level of no less than 19c cash per share whilst the company holds Net Cash.
|Dividend||Ex Date||Amount||Imputation||Payment Date|
|(cents per share)|
|2015 Final||28-Jun-2016||6.5||100%||08-Jul 2016|
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