Dividends

Dividend History

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Dividend Reinvestment Plan

Heartland operates a Dividend Reinvestment Plan (DRP) which offers shareholders the opportunity to reinvest some or all of their dividend payments into new ordinary shares in Heartland, free of brokerage charges. Participation in the DRP is entirely optional. 

Please note that shareholders must have a New Zealand or Australian address recorded in the share register to be eligible to participate in the DRP.

Full details of the DRP are contained in the Offer Document.

Heartland Dividend Reinvestment Plan Offer Document

Dividend Policy

Heartland will determine dividends (both interim and final) based on its net profit after tax, subject to maintaining a prudent level of capital for its needs. Heartland’s capital needs will vary from time to time, depending on a range of factors (including regulatory and credit rating requirements, general economic conditions, current and expected growth and the mix of business). A key objective is to ensure an appropriate balance between maximising shareholder returns, and protecting the interests of depositors through prudent capital management.

In this section:

Key Date

21st November 2017

2017 Annual Meeting - Eden Park, Reimers Avenue, Kingsland, Auckland

03:00 PM

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Latest information

Notification of Allotment of Securities

Posted 16th October 2017

For the purposes of Listing Rules 7.12.1 and 7.12.9 of the NZX Main Board Listing Rules, Heartland Bank Limited (Heartland) (NZX: HBL) advises that securities have been issued pursuant to its LTI Net Share Settled Option Plan.

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