The Board of Augusta Capital Limited has resolved to pay a fourth quarter cash dividend of 1.5 cents per share, which is an increase from 1.375 cents in the prior quarter. The dividend is fully imputed with imputation credits of 0.583 cents per share attached. Further resident withholding tax will be deducted unless a RWT exemption certificate has been provided. This is equivalent to 0.1042 cents per share. The Company will also pay a supplementary dividend of 0.2426 cents per share in relation to non-resident shareholders. The record date for the dividend is 11 June 2018 and the payment date is 18 June 2018. The fourth quarter dividend will take cash dividends for the year to 5.625 cents per share, an increase from 5.50 cents per share over the prior year. The dividend pay-out ratio was 85% (2017: 71%).

The Board expects the dividend for fiscal year 2019 to be 6 cents per share per annum, subject to quarterly review and unforeseen events. This represents an increase of 9.1% per annum.

The company announced further expansion into Australia.