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Dividends

Dividend policy

The payment of a dividend by the Company is at the discretion of the Directors and will be a function of a number of factors, including the general business environment, the operating results and the financial condition of the Company, future funding requirements, capital management initiatives, taxation considerations (including the level of franking credits available), any contractual, legal or regulatory restrictions on the payment of dividends by the Company, and any other factors the Directors may consider relevant.

It is the current intention of the Board to target a dividend payout ratio of between 40% and 60% of the Company’s annual NPAT.

Year ended 30 June 2021 Franked amount Dividend payment date
Interim: 6.0cps 20% 9 April 2021
Final: 7.0cps 20% 8 October 2021
Year ended 30 June 2020 Franked amount Dividend payment date
Interim: 4.5cps 20% 9 October 2020
Final: 2.5cps 20% 9 October 2020
Year ended 30 June 2019 Franked amount Dividend payment date
Interim: 4.0cps 100% 29 March 2019
Final: 5.0cps 100% 11 October 2019
Year ended 30 June 2018 Franked amount Dividend payment date
Interim: 3.5cps 100% 29 March 2018
Final: 3.0cps 100% 10 October 2018
Year ended 30 June 2017 Franked amount Dividend payment date
Interim: 3.0cps 40% 31 March 2017
Final: 3.0cps 100% 10 October 2017

Shareholder services

Investor relations

Tel: +61 (0) 3 8319 6717

Email: investorrelations@rwc.com

Share registry

Tel: 1300 850 505 (within Australia)

Tel: +61 3 9415 4000 (international)

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