Directors suspended dividends on and from the year ending 30 September 2009 in response to difficult trading conditions then being experienced by the company. Since that time the Board and management have been working to restore the company's operations and balance sheet having achieved the majority of its objectives. It is the Board's intention that the Company resume distribution of dividends in respect of the financial year ending 30 September 2017 subject to satisfaction of its balance sheet, cash flow management and financial performance objectives. The payment of dividends is subject to the discretion of the Directors and will depend on many factors, including Elders' results of operations, financial condition, general business conditions, restrictions imposed by financing facilities and Elders Hybrid securities and legal restrictions on the payment of dividends.
The company does not presently envisage it will resume its dividend reinvestment plan. It will advise shareholders if that position changes.
Cash Dividend by Direct Credit
The company proposes paying all dividends by direct credit to your nominated account.