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Heartland Group Holdings Ltd. ( (DE:73X) ) has shared an announcement.
Heartland Group Holdings has set the strike price for shares to be issued under its Dividend Reinvestment Plan at $1.25186934 per share, based on the five-day volume weighted average price following the 6 March 2026 record date. Shareholders who elected to participate in the plan will receive shares instead of the cash component of the dividend payable on 20 March 2026.
The company has also fixed the foreign exchange rate for Australian dollar payments of the cash dividend at 0.84145, standardising the conversion for eligible investors. The half-year dividend totals approximately $32.99 million, is sourced from retained earnings, and is fully imputed, underscoring Heartland’s ongoing capital return and balance sheet management strategy for its shareholder base.
More about Heartland Group Holdings Ltd.
Heartland Group Holdings Limited is a dual-listed financial services company trading on the NZX and ASX under the ticker HGH. It operates in banking and lending, providing dividend income and capital management options to its shareholders, including through a Dividend Reinvestment Plan which allows investors to receive shares instead of cash dividends.
For an in-depth examination of 73X stock, go to TipRanks’ Overview page.