AUD 3 CENTS PER SHARE SPECIAL DIVIDEND DECLARED AND DIVIDEND POLICY ADOPTED - 2024

  • NZO declares a special dividend of AUD 3 cents per ordinary share
  • Dividend underpinned by strong cashflows in the Group
  • Dividend payment to return A$6.7 million to shareholders
  • NZO establishes a Dividend Policy, to promote efficient capital use, with the intention to pay dividends where it makes financial sense
  • NZO's assets continue to perform strongly with a 44% increase in operating cashflows from the same period last year.

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New Zealand Oil & Gas will not pay a dividend in 2018.

Dividend History

  • NZ4c per share (fully imputed) paid on 3 November 2017
  • NZ4c per share (fully imputed) paid on 25 October 2016.
  • NZ3c per share (unimputed) paid 26 September 2014
  • NZ3c per share (unimputed) paid 4 April 2014
  • NZ3c per share (fully imputed) paid 27 September 2013
  • NZ3c per share (fully imputed) paid 5 April 2013
  • NZ6c per share (fully imputed) paid 28 September 2012
  • NZ2c per share (fully imputed) paid 30 September 2011
  • NZ5c per share (partly imputed) paid 1 October 2010
  • NZ5c per share (partly imputed) paid 2 October 2009
  • NZ5c per share (fully imputed) paid 1 October 2008
  • NZ5c per share (fully imputed) paid 15 April 2008

Dividend Reinvestment Plan

The Dividend Reinvestment Plan will not apply to future dividends until advised otherwise. Full Terms and Conditions of the Plan and the Participation Notice are available on the company’s website.

Full Terms and Conditions of the Plan and the Participation Notice are available here: