Final Dividend – 2020 Financial Year
30 April 2021
SCALES CORPORATION DECLARES FY2020 FINAL DIVIDEND
The Directors of Scales Corporation Limited (NZX:SCL) have declared a fully imputed final cash
dividend for the 2020 Financial Year of 9.5 cents per share.
Taking into account the 9.5 cents per share interim dividend, paid in January 2021, total cash
dividends for the 2020 Financial Year total 19.0 cents per share, which represents 96% of Underlying
Net Profit (excluding non-controlling interests).
The dividend is payable on 9 July 2021, with a record date of 1 July 2021.
Annual Shareholders’ Meeting
The Annual Meeting is scheduled for 3.30pm, Wednesday 9 June 2021. The meeting will be held in
Christchurch, with shareholders also able to attend virtually. The Notice of Meeting will be distributed
shortly.
The meeting will provide an excellent opportunity to update shareholders on trading to date for each
business unit, including confirmation of the gross apple harvest and estimated packout percentage for
Mr Apple, as provided histrorically.
Contact:
Steve Kennelly
Chief Financial Officer
Scales Corporation Limited
+64 3 371 2263 / +64 274 317587
About Scales Corporation
Scales Corporation is a diversified agribusiness portfolio. It comprises three operating divisions:
Horticulture, Food Ingredients and Logistics. The company’s diverse spread of activities gives Scales
broad exposure to the agribusiness sector. Scales Corporation was founded in 1897 as a shipping
business by George Herbert Scales. Today it has operations across New Zealand, Australia and the
United States. Find out more at www.scalescorporation.co.nz.
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Distribution Notice
Section 1: Issuer information
Name of issuer SCALES CORPORATION LIMITED
Financial product name/description ORDINARY SHARES
NZX ticker code SCL
ISIN (If unknown, check on NZX
website)
NZSCLE0002S8
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year X Quarterly
Half Year Special
DRP applies
Record date 01/07/2021
Ex-Date (one business day before the
Record Date)
30/06/2021
Payment date (and allotment date for
DRP)
09/07/2021
Total monies associated with the
distribution
$13,527,509.52
Source of distribution (for example,
retained earnings)
RETAINED EARNINGS
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.13194444
Total cash distribution $0.09500000
Excluded amount (applicable to listed
PIEs)
$0.00000000
Supplementary distribution amount $0.01676471
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Fully imputed
If fully or partially imputed, please
state imputation rate as % applied
100%
Imputation tax credits per financial
product
$0.03694444
Resident Withholding Tax per financial
product
$0.00659722
Section 5: Authority for this announcement
Name of person
authorised to make
this announcement
STEVE KENNELLY
Contact person for this announcement STEVE KENNELLY
Contact phone number 03 371-2263
Contact email address steve.kennelly@scalescorporation.co.nz
Date of release through MAP
30/04/2021
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.