Dividends

You'll find the latest dividend information below.

Dividend Reinvestment Plan

Channel Infrastructure offers Shareholders the opportunity to participate in a Dividend Reinvestment Plan (DRP). The DRP provides Shareholders with the opportunity to reinvest the net proceeds of their cash dividend into additional fully paid Channel shares without incurring any brokerage costs. Shareholders who decide not to participate in the DRP will continue to receive their dividends in cash.

Please refer to the documents below for further details.

Shareholder letter

Offer Document

Participation Notice

Channel Infrastructure’s dividend policy is to pay out 70-90% of Normalised Free Cash Flow(1) on average over time.

The Board reserves the right to amend the dividend policy at any time. Each dividend will be determined after due consideration of the capital requirements, operating performance, financial position and cash flows of the Company at the time.

(1) Net cash generated from continuing operations less maintenance capex, excluding conversion costs and growth capex

Historical Dividend Information
Dividend Record Date Payment Date Amount Tax Imputation credits for resident shareholders (NZ$) Supplementary dividend for non-resident shareholders (NZ$)
2025 Interim Dividend 9 September 24 September 6.25 cps No imputation n/a
2024 Final Dividend 13 March 27 March 6.6 cps No imputation n/a
2024 Interim Dividend 6 September 20 September 4.4 cps No imputation n/a
2023 Final Dividend 14 March 28 March 6.3 cps No imputation n/a
2023 Special Dividend 14 March 28 March 1.5 cps No imputation n/a
2023 Interim Dividend 6 September 20 September 4.2 cps 1.6 cps 0.7 cps
2022 Final Dividend 10 March 20 March 5.0 cps 1.9 cps 0.9 cps
2022 Special Dividend 10 March 20 March 2.0 cps 0.8 cps 0.4 cps