ANZ has announced that it proposes to pay a 2017 Final Dividend of 80 cents per ordinary share on 18 December 2017.

The proposed 2017 Final Dividend will be fully franked for Australian tax purposes.

It is also proposed that New Zealand imputation credits of NZ 10 cents per ordinary share will be attached to all cash dividend payments and to the Dividend Amounts relating to all ordinary shares that participate in the Dividend Reinvestment Plan (DRP) with respect to the 2017 Final Dividend (but will not be attached in connection with ordinary shares that participate in the Bonus Option Plan (BOP)).

The Record Date for the 2017 Final Dividend was 14 November 2017 and the last date for making DRP, BOP and Foreign Currency elections was 15 November 2017.

Cash Dividends 

ANZ has a policy that all dividends payable to shareholders in Australia, New Zealand or United Kingdom will be paid by direct credit to their nominated financial institution accounts (excluding credit card accounts).

Subject to receiving effective contrary instructions from the shareholder, the 2017 Final Dividend paid to shareholders with a registered address in the United Kingdom (including the Channel Islands and the Isle of Man) or New Zealand will be converted to Pounds Sterling and New Zealand Dollars respectively at an exchange rate calculated on 17 November 2017.

For those shareholders who will receive payment of the 2017 Final Dividend in Pounds Sterling or New Zealand Dollars, the exchange rates that will be used are AUD/GBP 0.573870 and AUD/NZD 1.106090 respectively.

Shares Alternatives

ANZ offers both a Dividend Reinvestment Plan (DRP) and a Bonus Option Plan (BOP) as alternatives to receiving cash dividends on ANZ ordinary shares.

The Acquisition Price used in determining the number of shares to be provided under the DRP and BOP in connection with the 2017 Final Dividend is the arithmetic average of the daily volume weighted average sale price of all fully paid ANZ ordinary shares sold on the ASX during the ten trading days commencing 17 November 2017, and then rounded to the nearest whole cent but if the fraction is one half of a cent the amount is to be rounded down to the nearest whole cent. In order to be effective, election notices from ordinary shareholders wanting to commence, cease or vary their participation in the DRP or BOP for the 2017 Final Dividend must have been received by ANZ's Share Registrar by 5.00 pm (Australian Eastern Daylight Time) on 15 November 2017.

As announced to the ASX on 1 December 2017, the Acquisition Price for the 2017 Final Dividend is AUD29.02.

If a Shareholder is considering making an election to participate in the DRP or BOP, it is very important to note the following:

  1. participation in the DRP and BOP is available only in respect of ANZ's ordinary shares and will be subject to the applicable DRP and BOP Terms and Conditions - no other ANZ securities may participate; and
  2. if a shareholder makes an election to participate in the BOP and also a separate election to participate in the DRP, the BOP election will have priority over the DRP election to the extent there is any conflict.

ANZ announced an intention to neutralise the impact of the shares allocated under the DRP for the 2017 Final Dividend. DRP participants do not need to take any action in respect of this in order to receive shares under the DRP.

The neutralisation of the DRP is expected to involve shares being purchased on-market during the DRP Pricing Period by a third party appointed by ANZ and delivered to DRP participants.  To the extent that the on-market purchase is not able to be completed for any reason, then ANZ will issue new shares to meet its obligations under the DRP. 

Dividend donations to charity

ANZ offers a Dividend Charity Donation Program, which enables ANZ shareholders who are Australian resident taxpayers to donate some or all of the cash dividends on their ANZ ordinary shares to one of a number of charities.

What is the record date and what does it mean?

The Record Date for a dividend is the date by reference to which the Company will determine which shareholders on its share register are entitled to receive the dividend.

More specifically, the Record Date is 5.00 pm (in the case of an ASTC regulated transfer, a later time permitted by the ASTC Settlement Rules) on the date specified by the Company as the date by reference to which the Company will identify the shareholders on the Company's register entitled to the dividend.

The Record Date is sometimes referred to as the close of books date.

What is the Ex Dividend Date and what does it mean?

The ex dividend date is one business day before the Record Date of the dividend. To be entitled to the dividend, a shareholder must have purchased shares before the ex dividend date.

People who purchase shares on the sharemarket on or after the ex dividend date are not entitled to the dividend. Conversely, if you sell shares on the sharemarket on or after the ex dividend date, you are still entitled to the dividend.

What happens on payment date?

This is the date on which steps are taken by the Company to pay the dividend to entitled shareholders.

Dividend History

Alternative Securities

ANZ Shares

Pay date Record date Dividend (AUD) Australian Franking level NZ Imputation
Credits per
Ordinary Share
(NZD)[1]
DRP price
(AUD)
ASX announcement
18/12/2017 14/11/2017 80¢ Fully franked @ 30% NZ 10 cents $29.02 01/12/2017
03/07/2017 09/05/2017 80¢ Fully franked @ 30% NZ 9 cents $28.80 26/05/2017
16/12/2016 15/11/2016 80¢ Fully franked @ 30% NZ 9 cents $28.16 02/12/2016
01/07/2016 10/05/2016 80¢ Fully franked @ 30% NZ 10 cents $24.82 27/05/2016
16/12/2015 10/11/2015 95¢ Fully franked @ 30% NZ 11 cents $27.08 27/11/2015
01/07/2015 12/05/2015 86¢ Fully franked @ 30% NZ 10 cents $31.93 29/05/2015
16/12/2014 11/11/2014 95¢ Fully franked @ 30% NZ 12 cents $32.02 28/11/2014
01/07/2014 13/05/2014 83¢ Fully franked @ 30% NZ 10 cents $33.30 30/05/2014
16/12/2013 13/11/2013 91¢ Fully franked @ 30% NZ 10 cents $31.83 29/10/2013
01/07/2013 15/05/2013 73¢ Fully franked @ 30% NZ 9 cents $28.96 30/05/2013
19/12/2012 14/11/2012 79¢ Fully franked @ 30% N/A $23.64 27/11/2012
02/07/2012 16/05/2012 66¢ Fully franked @ 30% N/A $20.44 29/05/2012
16/12/2011 16/11/2011 76¢ Fully franked @ 30% N/A $19.09 29/11/2011
01/07/2011 18/05/2011 64¢ Fully franked @ 30% N/A $21.69 31/05/2011
17/12/2010 10/11/2010 74¢ Fully franked @ 30% N/A $22.60 23/11/2010
01/07/2010 12/05/2010 52¢ Fully franked @ 30% N/A $21.32 25/05/2010
18/12/2009 11/11/2009 56¢ Fully franked @ 30% N/A $21.75 25/11/2009
01/07/2009 13/05/2009 46¢ Fully franked @ 30% N/A $15.16 26/05/2009
18/12/2008 12/11/2008 74¢ Fully franked @ 30% N/A $13.58  
01/07/2008 14/05/2008 62¢ Fully franked @ 30% N/A $20.82  
21/12/2007 14/11/2007 74¢ Fully franked @ 30% N/A $27.33  
02/07/2007 18/05/2007 62¢ Fully franked @ 30% N/A $29.29  
15/12/2006 15/11/2006 69¢ Fully franked @ 30% N/A $28.25  
03/07/2006 19/05/2006 56¢ Fully franked @ 30% N/A $26.50  
16/12/2005 14/11/2005 59¢ Fully franked @ 30% N/A $23.85  
01/07/2005 20/05/2005 51¢ Fully franked @ 30% N/A $21.85  
17/12/2004 12/11/2004 54¢ Fully franked @ 30% N/A $19.95  
01/07/2004 20/05/2004 47¢ Fully franked @ 30% N/A $17.84  
19/12/2003 13/11/2003 51¢ Fully franked @ 30% N/A $16.61  
01/07/2003 22/05/2003 47¢ Fully franked @ 30% N/A $18.48  
13/12/2002 07/11/2002 46¢ Fully franked @ 30% N/A $18.32  
01/07/2002 23/05/2002 39¢ Fully franked @ 30% N/A $19.24  
14/12/2001 08/11/2001 40¢ Fully franked @ 30% N/A $18.33  
02/07/2001 17/05/2001 33¢ Fully franked @ 30% N/A $15.05  
15/12/2000 09/11/2000 35¢ Fully franked @ 30% N/A $14.45  
03/07/2000 26/05/2000 29¢ Fully franked @ 30% N/A $11.62  
20/12/1999 19/11/1999 30¢ 80% @ 36% N/A $11.50  
05/07/1999 11/06/1999 26¢ 75% @ 36% N/A $10.95  
21/12/1998 20/11/1998 28¢ 60% @ 36% N/A $10.78  
06/07/1998 12/06/1998 24¢ 60% @ 36% N/A $10.64  
21/01/1998 12/12/1997 26¢ Fully franked @ 36% N/A $9.92  
07/07/1997 13/06/1997 22¢ Fully franked @ 36% N/A $9.77  
15/01/1997 12/12/1996 24¢ Fully franked @ 36% N/A $7.60  
08/07/1996 07/06/1996 18¢ 50% @ 36% N/A $5.59  
17/01/1996 15/12/1995 18¢ 33% @ 36% N/A $6.27  
10/07/1995 09/06/1995 15¢ 0% N/A $4.40  
20/01/1995 09/12/1994 14¢ 0% N/A $3.73  
11/07/1994 10/06/1994 11¢ 0% N/A $3.78  
21/01/1994 17/12/1993 10¢ 0% N/A $4.44  
12/07/1993 11/06/1993 10¢ 0% N/A $3.42  
11/12/1992 15/01/1993 10¢ 0% N/A $2.51  
22/06/1992 20/07/1992 10¢ 100% N/A $3.58  
2/01/1992 29/01/1992 10¢ 100% N/A $4.46  
21/06/1991 19/07/1991 10¢ 100% N/A $3.42  
4/01/1991 30/01/1991 16¢ 100% N/A $2.72  
15/06/1990[8] 13/07/1990 22¢ 100% N/A $4.35  
12/01/1990 5/02/1990 22¢ 100% N/A $5.43  
31/03/1989[7] 21/04/1989 26¢ 100% N/A $4.34  
16/06/1989 14/07/1989 22¢ 100% N/A $4.30  
13/01/1989 10/02/1989 22¢ 100% N/A $4.85  
3/06/1988 1/07/1988 12.5¢ 100% N/A $4.57  
7/01/1988[9],[10] 28/01/1988 11¢ 100% N/A $3.28  
2/06/1987[6] 29/06/1987 15¢ 100% N/A $3.91  
7/01/1987 29/01/1987 16¢ N/A N/A $5.61  
6/06/1986 1/07/1986 15¢ N/A N/A $5.03  
13/12/1985 30/01/1986 16¢ N/A N/A $4.11  
7/06/1985 1/07/1985 15¢ N/A N/A $4.25[5]  
29/01/1985 25/02/1985 14¢ N/A N/A N/A  
8/06/1984 2/07/1984 14¢ N/A N/A N/A  
23/01/1984 20/02/1984 15¢ N/A N/A N/A  
9/06/1983 1/07/1983 14¢ N/A N/A N/A  
5/01/1983 27/01/1983 14¢ N/A N/A N/A  
9/06/1982 1/07/1982 14¢ N/A N/A N/A  
25/01/1982 22/02/1982 14¢ N/A N/A N/A  
9/06/1981 1/07/1981 14¢ N/A N/A N/A  
27/01/1982 23/02/1981 12¢ N/A N/A N/A  
9/06/1980 4/07/1980 12¢ N/A N/A N/A  
9/01/1980 31/01/1980 12¢ N/A N/A N/A  
6/07/1979 8/08/1979 10¢ N/A N/A N/A  
3/01/1979 25/01/1979 11¢ N/A N/A N/A  

Capital Gains Tax was introduced 20 September 1985.

Dividend Payout Ratio

Description Earnings per share[2] - basic Dividend payout ratio[3] Net tangible assets per ordinary share[4]
2016 197.4c 81.9% $17.13
2015 271.5c 68.6% $16.86
2014 267.1c 67.4% $14.65
2013 232.7c 71.4% $13.48
2012 213.4c 69.4% $12.22
2011 208.2c 68.6% $11.44
2010 178.9c 71.6% $10.38
2009 131.0c 82.3% $11.02
2008 170.4c 82.7% $10.72
2007 224.1c 60.9% $9.36
2006 200.0c 62.6% $8.53
2005 169.5c 65.0% $7.77
2004 153.1c 67.5% $7.51
2003 142.4c 64.2% $7.49
2002 141.4c 57.8% $6.58
2001 112.7c 62.0% $5.96
2000 102.5c 59.1% $5.49
1999 86.9c 62.1% $5.21
1998 69.7c 67.8% $4.98
1997 65.8c 61.6% $4.59
1996 73.2c 55.5% $4.24
1995 67.1c 49.1% $3.94
1994 55.9c 46.4% $3.58
1993 13.5c 65.6% $3.43

Material on this page is intended only for general information and ANZ makes no warranty as to the accuracy of this information. The material is not intended to be relied on as a substitute for your own research. We do, however, welcome your feedback and suggestions concerning any of the material. Please contact investor.relations@anz.com.


  1. Where the table above refers to NZ imputation credits being attached to a dividend, it is important to note the NZ imputation credits are attached to the cash dividend payments and to the Dividend Amounts relating to all ordinary shares participating in that dividend (but are not attached in connection with ordinary shares participating in the Bonus Option Plan). ↩

  2. Periods prior to 2004 adjusted for the bonus elements of the November 2003 Rights Issue.  ↩

  3. From 2003, the dividend payout ration includes the final dividend proposed but not provided for in accordance with changes to accounting standards effective from the September 2003 financial year.  ↩

  4. Equals shareholders' equity less preference share capital, goodwill, software and other intangible assets divided by the number of ordinary shares. For periods prior to 2005, this equals shareholders' equity less preference share capital and unamortise.  ↩

  5. DRP introduced for 1985 interim dividend ↩

  6. A one for two bonus issue was made prior to the dividend. Bonus shares could not participate in the dividend. ↩

  7. Bonus Option Plan introduced with discount (and subsequent changes) the same as DRP. ↩

  8. United Kingdom Dividend Selection Plan introduced. Suspended following July 1999 Interim Dividend. ↩

  9. Dividend imputation was introduced 1 July 1987. ↩

  10. The final 1987 dividend paid 28 January 1988 was fully franked. ↩