On 13 November 2023, ANZ Group Holdings Limited (ASX Code: ANZ) announced a final dividend of 94 cents per share, comprising of an 81 cents per share partially franked at 65% and an additional one-off unfranked dividend unfranked of 13 cents per share.
ASX Clear and its external panel considers the additional dividend of 13 cents to be an increase to ANZ’s scheduled dividend. Item 9 in Appendix 2230 in the ASX Operating Rule Procedure provides the criteria for an adjustment to be made. The ANZ dividend will be paid in cash, is not due to sale of capital assets or classified as “special dividend”.
Therefore no ETO adjustment will be made on ANZ ETOs for this additional dividend.
Greg Fitzpatrick, Senior Manager, Clearing Operations
Clearing Operations
clearing@asx.com.au