The board of directors of Manawa Energy Limited has approved a final dividend of 8.5 cents per share, and this will be fully imputed for qualifying shareholders and to be paid on 16 June 2023. This means the financial year ended 31 March 2023 full year dividend paid to investors will be 16 cents per share. The supplementary distribution amount is 1.5 cents.

The company dividend policy is based on paying 70%-90% of free cash flows on average over time, balancing the provision of a stable dividend over the medium term with delivering on growth aspirations. The record date is June 09, 2023, and ex-date (one business day before the June 08, 2023 record date).