Dicker Data Limited has announced an ordinary dividend of AUD 0.115 per share, fully franked at the 30% corporate tax rate. The dividend represents a distribution for the quarter ending 31 March 2026 and will be paid on 2 June 2026 to shareholders on the register as at 18 May 2026. The full franking carries significant value for investors, particularly those in higher tax brackets or tax-exempt institutions, as it allows franking credits to be claimed against tax liabilities or returned in certain circumstances.
Several important dates punctuate the timetable for this distribution. The ex-dividend date of 15 May 2026 marks the cut-off for share purchases to qualify for the dividend, while the record date of 18 May 2026 determines the final list of eligible shareholders. The company has also established a Dividend Reinvestment Plan with an election deadline of 19 May 2026 at 5:00 pm. Shareholders need to act promptly around mid-May to make DRP elections, as the window for deciding whether to take cash or reinvest closes relatively quickly.
The DRP carries a 1% discount to the reinvestment price, calculated using the average share price between 5 May and 18 May 2026. The default option for shareholders who do not lodge an election is to receive cash, meaning active participation is required for those wishing to reinvest. This structure provides flexibility to either take the cash dividend or participate in automatic reinvestment at a discount to prevailing prices. For long-term investors building positions, the discount combined with full franking offers an economical method of acquiring additional shares without brokerage costs.
The AUD 0.115 quarterly dividend reflects ongoing capital generation from the company’s business. The fully franked nature of the distribution reflects consistent generation of Australian-sourced earnings. For dividend-focused investors, the combination of yield and franking credits can provide meaningful income when reinvested or when held in tax-efficient structures that maximize returns across the investment portfolio.
Shareholders should be aware of the 15 May ex-dividend date and lodge any DRP election by 19 May 2026 at 5:00 pm to make an active choice about reinvestment versus cash. The announcement is price sensitive and has been flagged as a material disclosure by the ASX.
View the full ASX announcement (PDF)
About Dicker Data Limited (ASX: DDR)
Dicker Data Limited is a wholesale distributor of IT hardware, software, cloud, and IoT solutions for corporate and commercial markets in Australia and New Zealand. Founded in 1978 and headquartered in Kurnell, Australia, the company represents all major technology vendors and provides tailored information technology solutions to businesses across the region.
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