Djerriwarrh Investments Limited Announces Final Dividend for the Year Ending June 30, 2017, Payable on August 25, 2017
July 16, 2017 at 08:14 pm EDT
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Djerriwarrh Investments Limited announced the final dividend is 10 cents per share fully franked, 4 cents down from last year for year ending June 30, 2017. This is in line with the company's announcement for the year ended June 30, 2016 and reiterated in the announcement for the half-year ended December 31, 2016. The dividend will be paid on August 25, 2017 to ordinary shareholders on the register on August 7, 2017. Shares are expected to trade ex-dividend from August 4, 2017.
Djerriwarrh Investments Limited is an Australia-based investment company. The Company is engaged in Australian equities with a focus on stocks where there is an active options market. The Company uses exchange-traded options to enhance income returns for investors. The Company seeks to provide an enhanced level of fully franked income that is higher than what is available from the S&P/ASX 200 index. The enhanced dividend yield is achieved through a bias to investing in higher dividend yielding companies, as well as using option strategies to generate additional income and realized capital gains. The Company invests in various sectors, including other financials, banks, industrials, materials, healthcare, consumer discretionary, consumer staples, real estate, communication services, energy, information technology, and cash.