ALS Limited Locks Dividend at 19.4 Cents and DRP Price at $21.97 – What’s Next?
ALS Limited confirms a fully franked ordinary dividend of 19.4 cents per share and announces the Dividend Reinvestment Plan price at $21.97 with no discount applied.
- Ordinary dividend of AUD 0.194 per share, 30% franked
- Dividend payment date set for 17 December 2025
- Dividend Reinvestment Plan (DRP) price fixed at AUD 21.97 with no discount
- DRP participation limited to shareholders in Australia and New Zealand
- Dividends payable in multiple currencies based on shareholder location
Dividend Details Confirmed
ALS Limited (ASX – ALQ), a key player in industrial testing and inspection services, has updated its dividend announcement for the six-month period ending 30 September 2025. The company will pay an ordinary dividend of 19.4 cents per share, with 30% of this amount franked, reflecting the company’s ongoing commitment to delivering shareholder returns while managing its tax position effectively.
The dividend will be paid on 17 December 2025 to shareholders registered as of 27 November 2025. Payments will be made in cash and directly credited to shareholders’ nominated bank accounts, ensuring a smooth and efficient distribution process.
Dividend Reinvestment Plan (DRP) Pricing and Participation
ALS Limited has also finalized the Dividend Reinvestment Plan price at AUD 21.97 per share, calculated as the five-day volume weighted average price following the DRP election date. Notably, no discount will be applied to this price, signaling confidence in the company’s share valuation.
The DRP is fully available for this dividend, allowing shareholders to reinvest their dividends into new shares rather than receiving cash. However, participation is restricted to shareholders with registered addresses in Australia and New Zealand, which may limit uptake among international investors.
Multi-Currency Dividend Payments
Recognizing its diverse shareholder base, ALS Limited will pay dividends in multiple currencies depending on the shareholder’s jurisdiction. This includes Australian dollars, US dollars, euros, British pounds, Hong Kong dollars, New Zealand dollars, and Singapore dollars. Shareholders can also elect to receive payments in a currency different from the default arrangement, providing flexibility and convenience.
The exchange rates for non-primary currency payments will be determined on the dividend payment date, introducing some variability in the final amount received by foreign investors.
Tax and Regulatory Compliance
The dividend is partially franked at 30%, with the remainder classified as conduit foreign income. ALS Limited has confirmed that no external approvals were required to proceed with this dividend payment, underscoring the routine nature of this distribution within the company’s financial calendar.
Further tax component details will be available in the company’s interim financial report, providing investors with comprehensive information to assess the after-tax value of their dividends.
Bottom Line?
As ALS Limited moves forward with this dividend and DRP, investor participation and currency fluctuations will be key factors to watch.
Questions in the middle?
- What will be the uptake rate of the DRP among eligible shareholders?
- How will currency exchange rate movements affect foreign investors’ dividend returns?
- Will ALS Limited maintain or adjust its dividend policy in upcoming financial periods?