Dividends
You'll find the latest dividend information below.
Channel Infrastructure’s dividend policy is a pay-out of 60-70% of normalised Free Cash Flow, being adjusted for net cash generated from operations less maintenance capex, excluding conversion costs and growth capex).
The dividend policy is subject to the Board’s due consideration of the Company’s medium term asset investment programme; a sustainable financial structure for Channel Infrastructure, recognising the targeted investment grade rating; and the risks from short and medium term economic and market conditions and estimated financial performance.
It is the intention of the Board to attach imputation credits to dividends to the extent that they are available.
2023 Dividend
For 2023, the Board declared a final ordinary dividend of 6.3 cents per share, representing the mid-point of the 60% – 70% pay-out range. Additionally, the Board declared a special dividend of 1.5 cents per share. Including the interim dividend paid in September 2023, this results in a total 2023 dividend of 12.0 cents per share.
Both the final ordinary dividend and the special dividend will be paid on 28 March 2024, with a record date of 14 March 2024. Imputation credits are not available to attach to these dividends.
