The Port of Tauranga’s dividend policy is to steadily increase dividends year on year consistent with Company performance.
Dependent on the level of imputation credits attached to dividends, the Company will pay supplementary dividends to non residential shareholders. Supplementary dividends offset the effect of non-resident withholding tax. Port of Tauranga Limited receives from the Inland Revenue Department a tax credit equivalent to supplementary dividends and there is, accordingly, no disadvantage to New Zealand resident shareholders.
Dividend history
Dividend | CPS | Imputation Credits (CPS) | Date Paid |
FINAL 2024 | 8.7 | 3.38 | 4 OCTOBER 2024 |
INTERIM 2024 | 6.0 | 2.33 | 22 MARCH 2024 |
FINAL 2023 | 8.8 | 3.42 | 6 OCTOBER 2023 |
INTERIM 2023 | 6.8 | 2.64 | 24 MARCH 2023 |
FINAL 2022 | 8.2 | 3.18 | 7 OCTOBER 2022 |
INTERIM 2022 | 6.5 | 2.52 | 25 MARCH 2022 |
FINAL 2021 | 7.5 | 2.91 | 1 OCTOBER 2021 |
INTERIM 2021 | 6.0 | 2.33 | 26 MARCH 2021 |
FINAL 2020 | 6.4 | 2.48 | 2 OCTOBER 2020 |
INTERIM 2020 | 6.0 | 2.33 | 20 MARCH 2020 |
FINAL 2019 | 7.3 | 2.83 | 4 OCTOBER 2019 |
FINAL 2019 SPECIAL | 5.0 | 1.94 | 4 OCTOBER 2019 |
INTERIM 2019 | 6.0 | 2.33 | 22 MARCH 2019 |
FINAL 2018 | 7.0 | 2.72 | 5 OCTOBER 2018 |
FINAL 2018 SPECIAL | 5.0 | 1.94 | 5 OCTOBER 2018 |
INTERIM 2018 | 5.7 | 2.21 | 23 MARCH 2018 |
FINAL 2017 | 6.2 | 2.41 | 6 OCTOBER 2017 |
FINAL 2017 SPECIAL | 5.0 | 1.94 | 6 OCTOBER 2017 |
INTERIM 2017 | 5.0 | 1.94 | 24 MARCH 2017 |
FINAL 2016 | 30.0 | 11.66 | 7 OCTOBER 2016 |
FINAL 2016 SPECIAL | 25.0 | 9.72 | 7 OCTOBER 2016 |
TWENTY LARGEST ORDINARY EQUITY HOLDERS AS AT 30 JUNE 2024
The ordinary shares at Port of Tauranga Limited are listed on the New Zealand Exchange. The information in the disclosures below has been taken from the Company’s register as at 30 June 2023.
Holder | Number of Shares Held | % of Issued Equity |
Quayside Securities Limited | 368,437,680 | 54.14 |
Custodial Services Limited | 56,645,800 | 8.32 |
Tea Custodians Limited | 21,164,812 | 3.11 |
BNP Paribas Nominees NZ Limited | 15,731,306 | 2.31 |
FNZ Custodians Limited | 12,826,818 | 1.88 |
Accident Compensation Corporation | 12,536,537 | 1.84 |
Kotahi Logistics LP | 8,500,000 | 1.25 |
JBWere (NZ) Nominees Limited | 7,543,428 | 1.11 |
Premier Nominees Limited | 7,512,923 | 1.10 |
New Zealand Depository Nominee | 7,017,166 | 1.03 |
New Zealand Superannuation Fund Nominees Limited | 6,021,112 | 0.88 |
HSBC Nominees (New Zealand) Limited | 6,016,239 | 0.88 |
Forsyth Barr Custodians Limited | 5,288,999 | 0.78 |
Citibank Nominees (NZ) Ltd | 3,302,815 | 0.49 |
Public Trust | 3,227,676 | 0.47 |
Masfen Securities Limited | 2,708,395 | 0.40 |
Private Nominees Limited | 2,672,666 | 0.39 |
ASB Nominees Limited | 1,978,324 | 0.29 |
FNZ Custodians Limited | 1,720,724 | 0.25 |
JPMORGAN Chase Bank | 1,714,264 | 0.25 |
Total | 552,567,688 | 81.17 |