CTI Logistics Sets Final Dividend and Share Plan Prices for 2025
CTI Logistics has updated its 2025 final dividend details, confirming a fully franked payout and share pricing for its Dividend Reinvestment and Bonus Share Plans.
- Final dividend of AUD 0.055 per share, fully franked at 30%
- Dividend payable on 2 October 2025
- Shares issued under DRP and BSP priced at AUD 1.83 with a 2.5% discount
- Participation excludes certain non-resident shareholders
- No minimum or maximum participation limits for DRP and BSP
Dividend Update and Payment Details
CTI Logistics Limited (ASX, CLX) has provided an update to its previously announced 2025 final dividend, confirming the allocation price for shares issued under its Dividend Reinvestment Plan (DRP) and Bonus Share Plan (BSP). The company declared an ordinary dividend of AUD 0.055 per share, fully franked at the corporate tax rate of 30%, reflecting a commitment to delivering shareholder value through consistent returns.
The dividend relates to the six-month period ending 30 June 2025, with a record date set for 12 September 2025 and an ex-dividend date of 11 September 2025. Payment to shareholders is scheduled for 2 October 2025, marking a key date for investors to receive their returns either in cash or through reinvestment options.
Dividend Reinvestment and Bonus Share Plans
CTI Logistics offers shareholders the option to participate in its DRP and BSP, allowing dividend payments to be reinvested into new shares rather than paid out in cash. For the 2025 final dividend, shares issued under these plans will be priced at AUD 1.83 each, incorporating a 2.5% discount to the volume weighted average market price over the five business days leading up to and including the record date.
Both plans are fully available for participation, with no minimum or maximum limits imposed on shareholders. However, the company has stipulated that non-resident shareholders may be excluded from participation if legal or practical barriers exist in their jurisdictions. This condition ensures compliance with international regulations and protects the integrity of the plans.
Implications for Shareholders and Market
The update clarifies the pricing mechanism and participation conditions, providing transparency that investors often seek when considering dividend reinvestment options. The fully franked nature of the dividend enhances its attractiveness, particularly for Australian investors who can benefit from franking credits.
Issuing new shares under the DRP and BSP will slightly increase the company’s share capital, a factor investors should monitor as it may have a modest dilutive effect. Nonetheless, the plans support shareholder engagement and long-term investment in CTI Logistics, aligning interests between the company and its investors.
Bottom Line?
As CTI Logistics finalises its dividend and share plan details, investors will watch closely for participation levels and any subsequent impact on share price.
Questions in the middle?
- What will be the uptake rate among shareholders for the DRP and BSP at the set discount?
- How might the issuance of new shares affect CTI Logistics’ capital structure and share price post-dividend?
- Will the exclusion of non-resident shareholders from participation influence international investor sentiment?
