Australian United Investment (ASX:AUI) Has Affirmed Its Dividend Of A$0.17

Australian United Investment (ASX:AUI) has announced that it will pay a fully franked dividend of A$0.17 per share for the 2024-25 financial year. This dividend will be paid on 21 March 2025, with an ex-dividend date of 28 February 2025. The dividend represents a yield of 3.5% based on the current share price of A$4.85.

The company's dividend history shows a consistent track record of paying reliable, fully franked dividends. AUI has maintained or increased its dividends paid per share every year since 1994. The company's annual dividend payments have ranged from A$0.12 to A$0.28 per share over the past decade.

AUI's dividend reinvestment plan (DRP) allows shareholders to reinvest their dividends into additional shares of AUI, effectively increasing their stake in the company at no additional cost. This can be an attractive option for investors who wish to grow their investment in AUI over time. The DRP is currently only available to residents of Australia, New Zealand, and the Norfolk Islands.



The company's annual general meeting (AGM) was held as a hybrid meeting on 16 October 2024 at 11.00am (AEST). The AGM documents, including the 2024 annual report, notice of meeting and explanatory notes, and sample proxy form, are available on the company's website.

AUI's share registrar, Link Market Services, manages the company's shareholder register and can assist shareholders with any queries regarding their shareholding or the DRP. Shareholders can elect to participate in the DRP or amend their participation details through Link Market Services.

In conclusion, AUI's announcement of a fully franked dividend of A$0.17 per share for the 2024-25 financial year is a positive development for the company and its shareholders. The dividend represents a yield of 3.5% and is in line with the company's history of paying reliable, fully franked dividends. The company's dividend reinvestment plan offers an attractive option for investors looking to grow their investment in AUI over time. Shareholders should consider participating in the DRP or amending their participation details through the company's share registrar, Link Market Services.