Dividend Policy |
TrustPower does not have a formalised dividend policy. Below are dividends paid adjusted for the share split that occurred on 2 April 2004.
| Historical Comparison | March 2005 | March 2006 | March 2007 | March 2008 | March 2009 |
| Special Dividend (cents) | - | - | - | - | 20.00** |
| Interim Dividend (cents) | 9.00 | 11.00 | 13.00 | 15.00 | 16.00* |
| Final Dividend (cents) | 10.50 | 12.00 | 14.00 | 15.00* | 17.00* |
| 19.50 | 23.00 | 27.00 | 30.00 | 53.00 | |
| Dividend (excl special) | 61,377 | 72,393 | 84,983 | 94,622 | 104,062 |
| NPAT | 73,154 | 81,430 | 102,429 | 98,133 | 105,075 |
| Amortisation | 3,063 | 3,063 | 4,227 | 5,145 | 5,690 |
| Depreciation | 25,315 | 25,134 | 23,826 | 27,249 | 38,678 |
| Other Adjustments | 825 | 418 | - | - | 1,459 |
| Fair value movements on financial instruments | - | - | (2,425) | (985) | 19,567 |
| Adjusted Cash Profit | 102,357 | 110,045 | 128,057 | 129,542 | 170,469 |
| Dividend (excl special) as % NPAT | 84% | 89% | 87% | 96% | 99% |
| Dividend (excl special) as % Cash Profit | 60% | 66% | 68% | 73% | 61% |
*Dividends only partially imputed. All other dividends were fully imputed.
**Special dividends unimputed.
