tiprankstipranks
Advertisement
Advertisement

L1 Group Updates Dividend Reinvestment Terms and NZ Dollar Payout Details

Story Highlights
  • L1 Group updated its semi-annual dividend notice for the period ended 31 December 2025.
  • The company set its DRP issue price and disclosed New Zealand dollar dividend equivalents for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
L1 Group Updates Dividend Reinvestment Terms and NZ Dollar Payout Details

Claim 55% Off TipRanks

The latest announcement is out from Platinum Asset Management Ltd ( (AU:L1G) ).

L1 Group Limited has updated its earlier dividend notification for the six-month period ended 31 December 2025, relating to its ordinary fully paid shares. The update formalises the dividend details following the record date of 6 March 2026 and payment date set in March.

The announcement advises investors of the final price applicable under the company’s Dividend Reinvestment Plan, determined after the volume-weighted average price period, and provides the New Zealand dollar equivalent of the dividend per security. These clarifications give shareholders greater transparency on reinvestment terms and cross-border payment values, aiding income planning for both Australian and New Zealand investors.

The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.

More about Platinum Asset Management Ltd

L1 Group Limited is an Australia-based company listed on the ASX under the code L1G, with ordinary fully paid shares on issue. The company reports and distributes dividends on a semi-annual basis, aligning with standard practice for income-focused listed entities in the Australian market.

Average Trading Volume: 2,408,572

Technical Sentiment Signal: Hold

Current Market Cap: A$3.16B

For detailed information about L1G stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1