Dividend Policy

Schaffer Corporation has managed to make annual dividend payments to shareholders in every one of its years as a publicly listed company.

The Company’s policy is to pay a large proportion of profits as dividends to shareholders. In line with that policy, Schaffer Corporation paid dividends of 25 cents per share for the year ended 30 June 2016 (FY 2015: 25 cents per share). As in previous years, all dividends were fully franked.

Over the past fifteen years, the Company has paid to shareholders in excess of $118 million in fully franked dividends.

Schaffer Corporation intends to maintain a high ordinary dividend payout ratio, subject to capital expenditure requirements, acquisition activity, liquidity needs and the availability of franking credits.

View dividend history on ASX.com.au.