Macquarie: Interim result 2019 The investment bank's 'annuity-style' businesses have been getting the plaudits in recent years, but this time it was the market-facing businesses that impressed. All securities and financial products or instrument transactions involve risks. Shareholders may vary or withdraw from the DRP by completing the Notice of Variation available from the share registry.On termination or suspension of the DRP, any carried forward residual amounts will be paid to the participant.
If there is a cash dividend left over after shares have been allocated under the DRP, this amount will be carried forward until the next dividend is paid. Participation in the DRP will commence with the dividend payment relating to the first record date which is after the date the election notice is received by the share registry. The record date for the entitlement to the SYD distribution was 20 December 2013.The distribution was calculated at the SYD closing share price of $A3.73 on 10 January 2014 and the two components included:Following the distribution, Macquarie shareholders were required to perform a share consolidation on a 0.9438 for one basis to adjust for the capital reduction.This information is a general description of the Macquarie Group only. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions.
Shares allocated under the DRP are currently determined by the Market Value (as defined in the DRP Rules) of a fully paid ordinary Macquarie Group share.
Payment dates Dividend payment options, including elections regarding DRP participation may be updated via the Any change to payment details must be received by Boardroom Pty Limited by the record date of a dividend. Australian registered shareholders may elect to have dividends directly deposited into a nominated account or to participate in the Dividend Reinvestment Plan (DRP).Shareholders with a registered address outside Australia may elect to receive their dividends by cheque (in Australian dollars only) or to have dividends directly deposited into a nominated Australian dollar bank account.Shareholders who do not provide their bank account details or elect to participate in the DRP will be sent a dividend advice statement on the dividend payment date advising the dividend payment amount and noting that, as direct credit instructions had not been advised, the amount will be held.Dividends will not accrue interest while they are being held. *This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. Payment options
Eligible shareholders may apply to participate in the DRP with respect to all or part of their holding. Payment history The record date for the final ordinary dividend is 12 November 2019 and the payment date is 18 December 2019. Participants in the DRP will be allocated the nearest whole number of ordinary shares (rounding down). Since the GFC the investment bank has impressively and consistently grown its net profit. Past performance of any product described on this site is not a reliable indication of future performance.