Highlights

• The company has confirmed a total payout of AU$0.62 per share for the six-month period ending 30 June 2026.
• The distribution comprises a AU$0.52 fully franked ordinary dividend and a AU$0.10 fully franked special dividend.
• The Dividend Reinvestment Plan price has been set at AU$18.92, with new DRP securities scheduled for issue on 22 September 2026.

Suncorp Group Limited (ASX: SUN) has provided an important update for shareholders ahead of its upcoming dividend payment. In an announcement dated 9 September 2026, the company updated previously released information concerning the Dividend Reinvestment Plan (DRP), specifically the reinvestment price and issue date. The update comes as Suncorp shares trade at AU$19.480, following a gain of AU$0.559, or 2.959%.

Total Dividend Set at AU$0.62 Per Share

The latest announcement confirms a combined distribution of AU$0.62 per share for the six-month reporting period ended 30 June 2026. The payment consists of a AU$0.52 ordinary dividend and a AU$0.10 special dividend. Both the ordinary and special dividends are fully franked, with franking credits calculated at a 30% corporate tax rate. The dividend has a record date of 18 August 2026, while the payment date is scheduled for 22 September 2026. The distribution will be made primarily in Australian dollars, with eligible shareholders subject to the company's stated currency arrangements.

DRP Price Updated

A key part of the 9 September announcement was the revised DRP information. Suncorp has set the DRP price at AU$18.92 per security, with the calculation period running from 24 August to 8 September 2026. The DRP carries no discount, while securities issued through the plan are scheduled for 22 September 2026. Participation is subject to the company's eligibility conditions, with the DRP available to qualifying shareholders in Australia, New Zealand, Hong Kong and the United Kingdom.

Outro

The latest update gives shareholders greater clarity over both the cash distribution and reinvestment option. With the AU$0.62-per-share payout and AU$18.92 DRP price now established, attention will turn to the scheduled payment and securities issue on 22 September 2026.Note- All data presented is based on information available at the time of writing.Disclaimer for Kapitales ResearchThe materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise. 

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