Restaurant Brands New Zealand dividend announcement

Restaurant Brands New Zealand (ASX:RBD) has announced a dividend of 18.0 cents per ordinary share. The dividend will be paid on December 23, 2024, to shareholders recorded by December 12, 2024. New Zealand shareholders will receive a fully imputed dividend, while overseas shareholders will get an additional supplementary dividend.

Summary of dividend declaration and outlook

Restaurant Brands New Zealand has declared an 18.0 cent dividend per share, showcasing its robust financial health and commitment to shareholder value. The dividend is scheduled for distribution on December 23, 2024, with a record date of December 12, 2024. New Zealand residents will benefit from a fully imputed dividend, while international shareholders will receive an additional supplementary dividend of 3.1765 cents per share. The company has decided not to offer a dividend reinvestment plan, indicating that dividends will be paid in cash. This announcement underscores the company's strategic focus on maintaining a positive financial position while considering the needs of both local and international investors.

Executive commentary on dividend decision

This decision follows an evaluation of the company's current and future financial standings, including cash flows, capital expenditure needs, debt levels, and retained earnings.