Woolworths Group currently operates a Dividend Reinvestment Plan (DRP) which provides shareholders with a convenient method of reinvesting all or part of their dividends to obtain additional shares in the company, without having to pay the cost of brokerage.
Participation in the DRP is optional, but the registered address of your shareholding must be in Australia or New Zealand. There is currently no minimum or maximum number of shares required for participation.
The Board will determine whether the DRP will apply with respect to each Dividend at the time it considers the declaration of that Dividend.
Woolworths Group will announce whether the DRP will apply with respect to a Dividend at the same time as that Dividend is announced.