APA Group's latest dividend announcement

APA Group (ASX:APA) has announced a new dividend distribution for fully paid units of stapled securities. The dividend amount is AUD 0.27000000 per security, covering the six-month period ending December 31, 2024. Key dates include an ex-dividend date of December 30, 2024, a record date of December 31, 2024, and a payment date of March 17, 2025.

APA Group's dividend and strategic outlook

APA Group has declared a dividend for the six-month period ending December 31, 2024, amounting to AUD 0.27000000 per security. Shareholders have the opportunity to participate in the Dividend Reinvestment Plan with a 1.5% discount, enhancing their investment in the company. The plan uses a 10-day volume weighted average price for calculations. Securityholders in New Zealand can opt to receive payments in either NZD or AUD, with exchange rates to be announced in early 2025. The announcement underscores APA Group's focus on shareholder value, providing flexibility and attractive reinvestment opportunities. Securityholders are encouraged to consider their options ahead of the key dates outlined in this announcement.

Executive insights on APA's dividend strategy

APA Group is pleased to announce this dividend distribution, reflecting our ongoing commitment to providing value to our securityholders. The Dividend Reinvestment Plan, with a 1.5% discount, offers an attractive option for reinvestment, and our currency options cater to our New Zealand holders.