Investor FAQs
General
The Lottery Corporation Limited share price may be checked daily via the ASX website (asx.com.au), this website and various other media and investment websites and apps.
To update details of existing shareholdings, contact Link Market Services via their website (linkmarketservices.com.au) or refer to their other contact details listed here.
You can access The Lottery Corporation Limited Share Registry via the Link Market Services website (linkmarketservices.com.au) or refer to their other contact details listed here.
You can choose how you’d like to receive communications regarding your shareholding from The Lottery Corporation Limited by contacting Link Market Services via their website (linkmarketservices.com.au) or refer to their other contact details listed here.
To update your address or any other personal details relating to existing shareholdings, contact Link Market Services via their website (linkmarketservices.com.au) or refer to their other contact details listed here.
The Lottery Corporation Limited Annual Reports will be distributed to all shareholders and will also be made available on the Annual Reports page of this website.
Dividends
The Lottery Corporation has announced that it will pay its first dividend on 23 March 2023. This comprises an 8.0 cents per share interim dividend for 1H23, with reference to the six months of earnings (net profit after tax before significant items) post Demerger, and a special dividend of 1.0 cent per share in relation to June 2022 earnings (net profit after tax before significant items), covering the period post the demerger from Tabcorp Holdings Limited but prior to commencement of the 2023 financial year.
The Lottery Corporation intends to target a dividend payout ratio of 80% to 100% of full-year net profit after tax before significant items. This dividend policy has regard to The Lottery Corporation’s earnings and cash flow generation as well as expected capital and investment requirements.
The upcoming interim and special dividend being paid on 23 March 2023 will both be fully franked.
The Lottery Corporation currently intends to frank its dividends to the extent practicable. No assurance can be given in relation to the level of future dividends or the franking of such dividends, as these will depend on future events and circumstances, including business performance.
The extent to which a dividend can be franked will depend on The Lottery Corporation’s franking account balance which will depend on the amount of Australian income tax paid by The Lottery Corporation after the Demerger.
AGM/Financial Results
Notice of upcoming Annual General Meetings will be communicated to shareholders and made available on the Annual General Meeting page of this website.
The Lottery Corporation reports its financial results twice a year. The Lottery Corporation expects to report full year results by the end of August and half year results by [date] each year.
The Lottery Corporation Constitution contains provisions that facilitate the operation of a DRP.
If The Lottery Corporation Board decides to activate the DRP, it will provide further details to The Lottery Corporation Shareholders prior to the relevant dividend record date, including details of the elections that may be made in relation to participation in the DRP by The Lottery Corporation Shareholders.
Demerger and Taxation
Prior to its demerger from Tabcorp, which was implemented on 1 June 2022, The Lottery Corporation™ and its subsidiaries formed the Tabcorp Group’s Lotteries and Keno business.
The Lottery Corporation™ does not provide advice on taxation. Contact your accountant or tax agent or other advisers to obtain advice.