Dividends

In light of Elders’ financial results for the 12-month period to 30 June 2009, Directors resolved not to declare a final dividend for the year ending 30 September 2009. It is the Board’s intention that the Company resume distribution of dividends as soon as practicable subject to satisfaction of its balance sheet, cashflow management and financial performance objectives. The payment of dividends is subject to the discretion of the Directors and will depend on many factors, including Elders’ results of operations, financial condition, general business conditions, restrictions imposed by financing facilities and Elders Hybrid securities and legal restrictions on the payment of dividends.

In particular, Elders’ restructured financing arrangements impose restrictions on the payment of distributions on Elders Hybrids until and including 30 September 2011. These restrictions activate a “dividend stop” under the terms of the Elders Hybrids which prevents Elders from paying dividends on its Shares until the stop is lifted under the terms of the Elders Hybrids.

Elders’ restructured financing arrangements also prevent Elders from paying dividends on Shares until after 31 March 2012 (and, thereafter, more limited restrictions apply).

View full dividend history

Dividend Alternatives

Dividend alternatives currently available to shareholders are as follows:

• Cash dividends paid by cheque or by direct credit (within Australia); or
• Dividend Reinvestment Plan (DRP) - reinvest cash dividends by subscribing for new shares.

The Company's DRP booklet explains the features of the DRP. More information.

Cash Dividend by Direct Credit

You can elect to receive your cash dividends by direct credit (EFT) to your nominated account at an Australian bank, building society or credit union.