Dividends
Subject to Board approval, Woolworths Group Limited generally pays an interim dividend in April and a final dividend in September/October.
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Dividend Reinvestment Plan
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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.
Key Features of the DRP
Key features of the DRP include:
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Increase your shareholding
If you elect to participate in the DRP, at each Dividend payment date, the Dividend otherwise payable in cash on your Shares participating in the DRP will be reinvested in Shares in the Company. These shares will either be issued to you or acquired and transferred to you.
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Optional and flexible participation
You may apply the DRP to all or part of your shareholding and you may join, vary or withdraw your participation from the DRP at any time.
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No additional costs
Shares acquired under the DRP are free of brokerage, commission or other transaction costs. All administrative costs will be borne by the Company. You will remain responsible for payment of any taxes assessed against you as a Shareholder.
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Franking Credits
Participation in the DRP will not affect your eligibility for franking credits.
You can register, amend or cancel your DRP participation via Link’s Investor Centre or you can contact Link:
Via email: woolworths@linkmarketservices.com.au
Via phone: +61 1300 368 664
Via website: www.linkmarketservices.com.au
Changes to DRP Rules
In March 2022 Woolworths Group undertook a review of the DRP Rules. The updated Woolworths Group DRP Booklet, including the Rules, can be accessed here.
The DRP rules will apply to all DRP participant shareholders.
Key changes to the DRP Rules
The 2022 amendments to the DRP Rules ensure compliance with regulatory changes and alignment to market best practice. The amendments to the DRP Rules include:
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Summary and FAQ
Inclusion of a simple summary of key features and a set of frequently asked questions
- Pricing period
Amending the DRP pricing period from 10 business days to not less than 5 business days
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Eligibility
Providing greater clarity to Australian and New Zealand shareholders of their eligibility to participate
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Termination
Providing greater clarity on what happens under termination of the DRP
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Residual options
Providing shareholders with an option to receive cash payment of their residual balance upon exiting the DRP, rather than donating to charity
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Allowances for new technology
Ensuring there is sufficient flexibility to allow acceptance of electronic broker variation or variation messages under the CHESS replacement modernisation agenda
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Dividend history
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Dividend history of Woolworths Group Limited fully paid ordinary shares.
EX Date Record Date Payment Date Cents Per Share Franking Rate DRP Price DRP Discount 03/03/2022 04/03/2022 13/04/2022 39c 30% $35.8417 Nil 02/09/2021 03/09/2021 08/10/2021 55c 30% $39.63190 Nil 04/03/2021 05/03/2021 14/04/2021 53c 30% $39.19860 Nil 01/09/2020 02/09/2020 06/10/2020 48c 30% $36.9114 Nil 04/03/2020 05/03/2020 09/04/2020 46c 30% $37.4591 Nil 03/09/2019 04/09/2019 30/09/2019 57c 30% $37.0463 Nil 28/02/2019 01/03/2019 05/04/2019 45c 30% $30.10 Nil 13/09/2018 14/09/2018 12/10/2018 10c (special) 30% $27.7543 Nil 13/09/2018 14/09/2018 12/10/2018 50c 30% $27.7543 Nil 01/03/2018 02/03/2018 06/04/2018 43c 30% $26.29556 1.5% 07/09/2017 08/09/2017 06/10/2017 50c 30% $24.897289 1.5% 02/03/2017 03/03/2017 07/04/2017 34c 30% $25.728082 1.5% 08/09/2016 09/09/2016 07/10/2016 33c 30% $22.328777 1.5% 02/03/2016 04/03/2016 08/04/2016 44c 30% $22.410956 1.5% 09/09/2015 11/09/2015 09/10/2015 72c 30% $24.707447 Nil 18/03/2015 20/03/2015 24/04/2015 67c 30% $29.181736 Nil 10/09/2014 12/09/2014 10/10/2014 72c 30% $34.822961 Nil 17/03/2014 21/03/2014 24/04/2014 65c 30% $35.821034 Nil 09/09/2013 13/09/2013 11/10/2013 71c 30% $34.965996 Nil 18/03/2013 22/03/2013 26/04/2013 62c 30% $34.02 Nil 10/09/2012 14/09/2012 12/10/2012 67c 30% $28.882297 Nil 19/03/2012 23/03/2012 27/04/2012 59c 30% $25.611090 Nil 12/09/2011 16/09/2011 14/10/2011 65c 30% $24.7864 Nil 21/03/2011 25/03/2011 29/04/2011 57c 30% $26.8844 Nil 13/09/2010 17/09/2010 15/10/2010 62c 30% $29.2317 Nil 22/03/2010 26/03/2010 23/04/2010 53c 30% $28.1651 Nil 07/09/2009 11/09/2009 09/10/2009 56c 30% $29.0019 Nil 23/03/2009 27/03/2009 24/04/2009 48c 30% $25.2146 Nil 01/09/2008 05/09/2008 03/10/2008 48c 30% $27.7878 Nil 20/03/2008 28/03/2008 24/04/2008 44c 30% $30.0787 Nil 31/08/2007 06/09/2007 05/10/2007 39c 30% $29.82 Nil 02/03/2007 28/03/2007 27/04/2007 35c 30% $27.047 2.5% 04/09/2006 08/09/2006 06/10/2006 31c 30% $19.7323 2.5% 27/03/2006 31/03/2006 28/04/2006 28c 30% $18.2555 2.5% 02/09/2005 08/09/2005 07/10/2005 27c 30% $15.7725 2.5% 15/03/2005 19/03/2005 29/04/2005 24c 30% $15.5037 2.5% 30/08/2004 03/09/2004 08/10/2004 24c 30% $13.16 2.5% 22/03/2004 26/03/2004 30/04/2004 21c 30% $11.49 2.5% 04/09/2003 10/09/2003 03/10/2003 21c 30% $11.37 2.5% 27/03/2003 02/04/2003 30/04/2003 18c 30% $11.71 2.5% 04/09/2002 10/09/2002 08/10/2002 18c 30% $11.78 2.5% 29/03/2002 04/04/2002 30/04/2002 15c 30% $12.23 2.5% 06/09/2001 12/09/2001 05/10/2001 15c 30% $10.98 2.5% 29/03/2001 04/04/2001 27/04/2001 12c 34% $7.99 5% 08/09/2000 14/09/2000 05/10/2000 13c 34% $6.61 5% 30/03/2000 05/04/2000 28/04/2000 10c 36% $4.92 5% 09/09/1999 15/09/1999 05/10/1999 10c 36% $5.19 5% 31/03/1999 06/04/1999 30/04/1999 8c 36% $4.83 5% 07/09/1998 11/09/1998 09/10/1998 9c 36% $5.176125 5% 26/03/1998 01/04/1998 24/04/1998 8c 36% $5.345073 5% 11/09/1997 17/09/1997 15/10/1997 9c 36% $3.938956 7.5% 27/03/1997 02/04/1997 24/04/1997 7c 36% $3.219037 7.5% 10/10/1996 16/10/1996 12/11/1996 8c 36% $2.583203 7.5% 28/03/1996 03/04/1996 26/04/1996 7c 33% $2.865076 7.5% 18/10/1995 24/10/1995 17/11/1995 8c 39% + 33% $2.895650 7.5% 03/04/1995 07/04/1995 28/04/1995 6c 33% $2.722008 7.5% 02/11/1994 08/11/1994 30/11/1994 6c 39% + 33% $2.604966 7.5% 04/04/1994 06/04/1994 29/04/1994 6c 39% $2.885597 7.5% 03/11/1993 08/11/1993 30/11/1993 6c 39% $2.951447 7.5%