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Tasmea Limited (ASX:TEA)

ALERT: Price-sensitive ASX Announcement for TEA
Current share price for TEA : $8.910 0.92 (11.51%)+
Announcement
Release
4 Jun 2026 11:41AM
Price at Release
$7.990
Full Release
download
Summary
Tasmea Limited has declared a fully franked special dividend of 10.0 cents per share, indicative of its strong financial standing and strategic confidence. This dividend, scheduled with key dates in June 2026, includes an option for shareholders to reinvest dividends through the Dividend Reinvestment Plan (DRP) at A$6.85 per share. The special dividend represents a capital return of approximately A$26.2 million and is aligned with the company's policy to distribute 30-50% of NPAT, forecasted to be at the lower end of this range for FY26. Importantly, the dividend decision is structured to not affect Tasmea's earnings or growth strategies for FY27.
Key Points
  • Special Dividend of 10.0 cents per share declared
  • Dividend is fully franked
  • Ex-Dividend date is 10 June 2026
  • Record date is 11 June 2026
  • DRP Election date is 12 June 2026
  • Payment Date is 25 June 2026
  • Dividend represents a capital return of approximately A$26.2 million
  • FY26 cash distributions forecast to represent 35% of NPAT
  • Dividend Reinvestment Plan allows reinvestment at A$6.85 per share
  • Dividend does not impact FY27 earnings or growth aspirations
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.