Distributions are paid on a quarterly basis within three months of a quarter end.
Timetable for the Year Ending 31 March 2010
| Quarterly Distribution for the Period Ending |
Proposed Payment Date |
| June 2009 |
September 2009 |
| September 2009 |
December 2009 |
| December 2009 |
March 2010 |
| March 2010 |
June 2010 |
Payment Options
Direct Credit
If you would like to have your distributions paid directly into a New Zealand financial institution account, please download and complete a Direct Credit Instruction Form and return it to Computershare Investor Services Limited at the address provided. If you do not elect to have your distributions paid by direct credit, they will be paid by cheque and mailed to your registered address
Distribution Reinvestment Plan
Alternatively, the Distribution Reinvestment Plan (DRP) enables you to reinvest cash distributions in additional units. The DRP is entirely optional and the DRP Booklet, which includes the key features and rules of the DRP, should be read carefully before deciding whether to participate.
If you wish to participate in the DRP, please complete the Application Form contained within the DRP Booklet in accordance with the instructions and return it to Computershare Investor Services Limited at the address provided.
Although the DRP was previously only available to Unitholders with registered addresses in New Zealand, it is now available to a limited number of Australian “wholesale clients”, as defined in section 761G of the Australian Corporations Act 2001 (Cth).
Historical Distributions(1)
|
Financial Year
|
Gross Distribution (cpu)
|
Cash Distribution (cpu)
|
Imputation Credits Attached (cpu)
|
|
2000
|
7.40
|
6.09
|
1.31
|
|
2001
|
10.69
|
9.42
|
1.27
|
|
2002
|
10.55
|
8.66
|
1.89
|
|
2003
|
10.52
|
9.32
|
1.20
|
|
2004
|
9.48
|
8.48
|
1.00
|
|
2005
|
11.30(2)
|
7.88
|
3.42(2)
|
|
2006
|
9.86
|
8.63
|
1.23
|
|
2007
|
10.90(3)
|
9.45
|
1.45(3)
|
|
2008
|
9.90
|
9.90
|
0.00
|
|
2009
|
10.34
|
10.00
|
0.34
|
(1) All figures quoted in New Zealand dollars.
(2) Includes a one-off imputation credit of 2.0 cents per unit.
(3) Includes a one-off imputation credit of 0.7 cents per unit.
Note:
All figures are shown in cents per unit
The PIE Tax Regime was implemented from October 2007 which changed the tax treatment of the Trust's distributions.