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Tasmea Limited (ASX:TEA)

ALERT: Price-sensitive ASX Announcement for TEA
Current share price for TEA : $8.600 0.46 (5.65%)+
Announcement
Release
4 Jun 2026 10:19AM
Price at Release
$8.140
Full Release
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Summary
Tasmea Limited has announced a fully franked special dividend of 10.0 cents per share, reflecting its strong financial performance and strategic direction. This special dividend, which amounts to approximately A$26.2 million in capital return, aligns with Tasmea's dividend policy of distributing 30-50% of net profit after tax (NPAT). The decision is supported by robust growth prospects, strong customer demand, and a solid balance sheet. The dividend will not affect future earnings or growth strategies. Key dates include an ex-dividend date of June 9, 2026, a record date of June 10, 2026, and a payment date of June 25, 2026. Shareholders have the option to reinvest dividends through the Dividend Reinvestment Plan (DRP) at a discounted price.
Key Points
  • Tasmea Limited announces a special dividend of 10.0 cents per share.
  • The special dividend is fully franked and represents a capital return of approximately A$26.2 million.
  • The dividend aligns with Tasmea's policy of 30-50% NPAT payout.
  • The decision is based on strong financial performance and strategic momentum.
  • Key dates: Ex-Dividend - June 9, 2026; Record Date - June 10, 2026; Payment Date - June 25, 2026.
  • Shareholders can participate in the DRP at a 5% discount.
  • The company's strong growth outlook and financial position underpin the dividend decision.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.