BKI aims to generate Shareholders an increasing income stream in the form of fully franked dividends through long term investments in a portfolio assets that are also able to deliver capital growth.
Dividend Policy
BKI will pay the maximum amount of realised profits after tax to its shareholders in the form of fully franked dividends to the extent permitted by the Corporations Act, the Income Tax Assessment Act and prudent business practices from profits obtained through interest, dividends and other income it receives from its investments.
Pay Out Ratio Target: 90% – 95% of the Net Operating Result.
Key Dates – Dividends
| Event | Date |
|---|---|
| Last trading date to be eligible for the dividends | Thursday 9 February 2023 |
| Ex-dividend date | Friday 10 February 2023 |
| Record date | Monday 13 February 2023 |
| DRP nomination | Tuesday 14 February 2023 |
| Dividend payment date | Tuesday 28 February 2023 |
Dividend Reinvestment Plan
BKI currently maintains a Dividend Reinvestment Plan (DRP), offering shareholders the opportunity to acquire further ordinary shares in BKI without having to incur brokerage fees.
The DRP is currently not offered at a discount. For further information regarding the DRP, please click here to read the DRP Booklet.
To participate in the DRP, or to change your existing participation in the DRP, please contact our share registry, Link Market Services on telephone +61 1300 853 816 or by email bki@linkmarketservices.com.au. Link will provide you with a personalized form to participate or change your existing participation.