Logistics News

Special dividend for Asciano shareholders

If approved, shareholders will receive a total $9.15 per security

 

Asciano shareholders could receive a special dividend of 87 cents per security following the $9.05 billion sale of the company.

Asciano says the dividend, which is subject to Australian Tax Office approval, will be paid on August 11.

If approved, the shareholders will receive a total $9.15 per security, with the cash per share payment reduced to $8.28.

The news comes after the Australian Competition and Consumer Commission (ACCC) approved the proposed split between Qube- and Brookfield-led consortia.

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