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Dividends & DRP

Dividends

DividendAmountFrankingAnnouncement DateRecord DateEx-Div DateDate Payable
2020 Interim10.5 cents100%20 Feb 2020 (Update: 31 Mar 2020)26 Feb 202025 Feb 20202 July 2020
2019 Final10 cents100%16 Aug 201922 Aug 201921 Aug 201926 Sep 2019
2019 Interim10.5 cents100%21 Feb 201927 Feb 201926 Feb 20193 April 2019
2018 Final13 cents100%24 Aug 201830 Aug 201829 Aug 201804 Oct 2018
2018 Interim7.5 cents100%16 Feb 201822 Feb 201821 Feb 201822 Mar 2018
2017 Final8.5 cents100%23 Aug 201729 Aug 201728 Aug 201726 Sep 2017
2017 Interim7.5 cents100%16 Feb 201722 Feb 201721 Feb 201722 Mar 2017
2016 Final7.5 cents100%26 Aug 201601 Sep 201631 Aug 201630 Sep 2016
2016 Interim5.5 cents100%16 Feb 201623 Feb 201619 Feb 201622 Mar 2016
2015 Final6 cents100%12 Aug 201519 Aug 201517 Aug 201516 Sep 2015
2015 Interim5 cents100%04 Feb 201511 Feb 201509 Feb 201511 Mar 2015
2014 Final4 cents100%13 Aug 201426 Aug 201422 Aug 201430 Sep 2014
2014 Interim4 cents100%05 Feb 201414 Feb 201410 Feb 201414 Mar 2014
2013 Final2 cents100%22 Aug 201302 Sep 201327 Aug 201309 Oct 2013
2013 Interim4 cents100%21 Feb 201304 Mar 201326 Feb 201327 Mar 2013
2012 FinalNil(No final dividend declared as the target payout ratio had been satisfied by the interim dividend)
2012 Interim4 cents100%24 Feb 201206 Mar 201229 Feb 201228 Mar 2012

Direct credit payments

The Star Entertainment Group (formerly known as Echo Entertainment Group) has streamlined the way in which dividends are paid to shareholders. Payments to shareholders with a registered address in Australia will only be made by direct credit into a nominated account with an Australian financial institution.

The payment of dividends by direct credit is a fast, convenient and secure way of receiving your dividend entitlements, providing benefits such as:

  • payments being electronically credited to your nominated bank account on the dividend payment date, without any mailing or handling delays; and
  • no misplaced cheques.

You will continue to receive a dividend statement through the mail or electronically in accordance with your instructions to the share registry regarding shareholder communications.

You can add or update your bank account details using the on-line share registry facility.

Alternatively, you can complete a Request for Direct Credit of Payments form and return it to the share registry.

Dividend Reinvestment Plan

The Star Entertainment Group has adopted a Dividend Reinvestment Plan (DRP) which will allow The Star Entertainment Group shareholders to reinvest all or part of any dividends payable on their shares to acquire additional The Star Entertainment Group shares.

The DRP has been activated and commenced operation after 30 June 2013.

Shareholders may elect to participate in the DRP by completing and returning a DRP Application or Variation Form to the share registry so that it is received by the next business day after the record date for the relevant dividend. DRP elections can also be updated online via the share registry’s website www.linkmarketservices.com.au or by logging into The Star Entertainment Group’s on-line share registry facility.

If you wish to participate in the DRP, please read the Dividend Reinvestment Plan Summary and the Dividend Reinvestment Plan Rules (by clicking on the links at the bottom of this page) before returning a Dividend Reinvestment Plan Application or Variation form to the share registry or updating your DRP elections online.

Note: Participation in the DRP will override the payment of a cash dividend.

2016 SHARE SALE FACILITIES

The Star Entertainment Group announced on 5 April 2016 share sale facilities that provided eligible small shareholders the opportunity to sell their shares without incurring any brokerage or handling costs.

Participation in the separate share sale facilities were open to eligible shareholders whose registered address was in Australia or New Zealand as at 7.00pm (Sydney time) on 29 March 2016 (Record Date) and who were:

  1. registered holders of less than a marketable parcel of shares (i.e. less than $500 worth of shares on the Record Date) (Small Holding Sale Facility); or
  2. registered holders of 5,000 or less shares (but held at least $500 worth of shares) on the Record Date (Voluntary Share Sale Facility).

On 5 April 2016, eligible shareholders were sent a letter together with a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility.

Both share sale facilities closed at 5:00pm (Sydney time) on 17 May 2016 (Closing Date).

All participants who had their SGR shares sold under either the Small Holding Sale Facility or the Voluntary Share Sale Facility received the same average price of $5.51 per share, which was calculated by dividing the total proceeds from the sale of all SGR shares sold under the facilities by the total number of SGR shares sold under the facilities.

Payment of the sale proceeds were made to participating shareholders on 27 May 2016 in accordance with their payment instructions as recorded on the share register.

Small Holding Sale Facility

The Small Holding Sale Facility was conducted in accordance with The Star Entertainment Group’s Constitution and the Australian Securities Exchange Listing Rules that enables all listed companies to sell shareholdings valued at less than $500 (Unmarketable Parcel).

Based on a share price of $5.68, being the closing price of The Star Entertainment Group (SGR) shares on the Australian Securities Exchange on the Record Date, an Unmarketable Parcel was any holding of 88 shares or less.

Eligible shareholders who wished to retain their Unmarketable Parcel were required to return a Share Retention Form to the share registry by the Closing Date.

Small Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

Voluntary Share Sale Facility

The Voluntary Share Sale Facility was conducted in accordance with Class Order CO 08/10 issued by the Australian Securities and Investment Commission.

Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date.

Voluntary Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

For full details of the Small Holding Sale Facility and the Voluntary Share Sale Facility, please see the ASX Announcement dated 5 April 2016 in the News section of our website.

POST DEMERGER TAX INFORMATION

The demerger of The Star Entertainment Group (formerly known as Echo Entertainment Group Limited) from Tabcorp Holdings Limited (Tabcorp) was implemented on 15 June 2011 by way of Scheme of Arrangement pursuant to the Tabcorp Scheme Booklet dated 15 April 2011 (Demerger).

As part of the Demerger, Tabcorp sought a ruling from the Australian Taxation Office on the taxation implications for shareholders. On 29 June 2011, the Australian Taxation Office issued Class Ruling CR 2011/66, in accordance with the application made by Tabcorp. A copy of the Class Ruling CR 2011/66 can be viewed here.

A Tax Calculator is provided below to assist shareholders in calculating the Australian capital gains tax cost base allocation for Tabcorp shares and The Star Entertainment Group shares. The Tax Calculator is a general guide only and does not constitute tax advice. Shareholders should seek advice from an appropriate professional adviser on the tax implications of the Demerger based on their own individual circumstances.

Click here to download the Tax Calculator
Click here to access information on the Australian Taxation Office website