Modal title

...
Home

Search form

  • About us
    • About IAG

      Who we are
      Our history
      Key relationships
      IAG and the Royal Commission

      What we do

      What we do
      Purpose and strategy
      Our businesses in Australia
      Our businesses in New Zealand
      Awards

      Corporate Governance

      Board of Directors
      Group Leadership Team
      Corporate governance
      Codes and policies
      Risk management
      Board Committees

      Quick links

      Supplier Portal
      FY20 Modern Slavery statement
  • Shareholder centre
    • Shareholders

      Manage your shareholding
      Reset exchangeable securities
      Public offers and proposals
      FAQ
      Glossary

      Shares

      Share price information
      Historical Share Price Lookup
      Dividends
      Reinvestment
      Capital management initiative

      Annual meetings

      Annual General Meeting 2020

      What's new

      Conversations with shareholders
  • Safer communities
    • Approach

      Our partners and community
      Shared value innovations

      Achievements

      Our climate action plan
      Reconciliation Action Plan
      IAG Research Centre
      Australian Business Roundtable

      In detail

      Our ESG performance
      Climate-related disclosure
      Our commitments
      Our stories
      Report: Severe weather in a changing climate

      Extreme weather

      See our Extreme Weather fact sheets
  • Results & Reports
    • Results

      All 1H21 results materials

      Reports

  • News & Events
    • News

      All news items
      Government submissions

      Events

      Key dates
  • Careers
    • Our workplace

      Diversity, inclusion and belonging
      Career and development

      Working at IAG

      Benefits
      Indigenous careers
      Job search

      Graduates

      Graduate program
      Graduate stories

You are here

Home » Shareholder Centre » Dividends

Dividends

  • Dividend reinvestment

 

Dividends

IAG’s dividend policy for ordinary shares is to return to shareholders 60-80% of cash earnings on a full-year basis.

Information about your 1H21 dividend statement:

Franking Credit
As at 31 December 2020, IAG held a negligible franking balance. In addition to capital management activity in recent years, the depletion of IAG’s franking balance reflects the absence of taxable earnings in Australia in FY20 and 1H21 which was influenced by severe net natural peril claim costs and adverse reserving, including the business interruption provision in 1H21. This will impact IAG’s capacity to frank eligible distributions over the short-to-medium term. As a result, IAG expects no franking will apply to any ordinary dividends that it may declare and pay during calendar 2021, and zero franking will also apply to relevant distributions on the Capital Notes in the period to 30 June 2021.

Conduit Foreign Income (CFI)
The whole of the dividend is unfranked. For non-residents of Australia, this unfranked dividend is declared conduit foreign income. No Australian withholding tax is deducted from dividends paid to non-residents to the extent that the dividend is conduit foreign income. You may need advice from your local tax agent on how to declare any dividends in your tax return.

Dividend and interest payment frequently asked questions can be found in the FAQs section of this website. Please note: the information provided below is for payments in financial years ended 30 June.

2021 Ordinary shares: ASX code IAG
Period end30/06/20
Cents per shareNil
Ex dateNA
Record dateNA
Payment dateNA
Franking levelNA
DRP priceNA
Period end31/12/20
Cents per share 7.0000
Ex date 16/02/21
Record date 17/02/21
Payment date 30/03/21
Franking level 0%
DRP price5.02120
Period endCents per shareEx dateRecord datePayment dateFranking levelDRP price
30/06/20NilNANANANANA
31/12/207.000016/02/2117/02/2130/03/210%5.02120
2021 Convertible Notes: ASX IAGPD
Period end14/09/20
Dollars per note$1.2099
Ex date04/09/20
Record date07/09/20
Payment date15/09/20
Franking level 0%
Period end14/12/20
Dollars per note$1.1950
Ex date04/12/20
Record date07/12/20
Payment date 15/12/20
Franking level0%
Period end14/03/21
Dollars per note$1.1634
Ex date04/03/21
Record date 05/03/21
Payment date 15/03/21
Franking level 0%
Period end14/06/21
Dollars per note $1.1940
Ex date04/06/21
Record date07/06/21
Payment date15/06/21
Franking level 0%
Period endDollars per noteEx dateRecord datePayment dateFranking level
14/09/20$1.209904/09/2007/09/2015/09/200%
14/12/20$1.195004/12/2007/12/2015/12/200%
14/03/21$1.163404/03/2105/03/2115/03/210%
14/06/21$1.194004/06/2107/06/2115/06/210%

IAG

  • About us
  • Shareholder centre
  • Safer communities
  • Results & reports
  • News & events
  • Careers

Australia

  • NRMA
  • SGIO
  • SGIC
  • CGU
  • Swann Insurance
  • WFI

New Zealand

  • NZI
  • State
  • AMI
  • Lumley

ASIA

  • AmAssurance
  • Kurnia
  • twitter
  • linkedin
Contact Us Site Map Terms Privacy and Security
© 2021 Insurance Australia Group Limited ABN 60 090 739 923