Dividend Policy

Dividends are a reward to shareholders for funding the business.

PCA will pay dividends at the rate of 30% to 70% to annual after-tax profits.

The final amount will be subject to the discretion of Directors and the cashflow forecast for the company.

Factors that will be considered in this decision are:

(a) Weather events
(b) World prices
(c) The value of the Australian dollar
(d) The capital needs of the company; and
(e) That PCA complies with all bank covenants.

 

Dividend Reinvestment Plan

In March 2008, PCA Directors introduced a Dividend Reinvestment Plan which is available to all shareholders. For further details, please download the Plan (126kb)

 

Dividend Payments

The dividends paid to shareholders in the past four years are outlined below:

Payment Date
Dividends Per Share
01/05/2009
$0.15
27/06/2008
$0.20
03/11/2006*
$0.50
10/08/2006
$0.06

* Dividend per share in year ended 31 March 2007 included a special dividend of $0.50.

 


Click here  for non-English content