Final Dividend – 2022 Financial Year
1 May 2023
SCALES CORPORATION DECLARES FY2022 FINAL DIVIDEND
The Directors of Scales Corporation Limited (NZX:SCL) have declared a fully imputed final cash
dividend for the 2022 Financial Year of 9.5 cents per share.
Taking into account the 9.5 cents per share in FY2022 interim dividends, paid in January 2023 (6.0
cents per share) and March 2023 (3.5 cents per share), total cash dividends for the 2022 Financial
Year total 19.0 cents per share, which represents 98% of Underlying Net Profit Attributable to
Shareholders.
The dividend is payable on 7 July 2023, with a record date of 29 June 2023.
Annual Shareholders’ Meeting
The Annual Meeting is scheduled for 3.30pm, Wednesday 7 June 2023. 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 historically.
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:
Global Proteins, Horticulture 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 29/06/2023
Ex-Date (one business day before the
Record Date)
28/06/2023
Payment date 07/07/2023
Total monies associated with the
distribution
$13,594,118.20
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 01/05/2023
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.