Bonus, Capital Return, Dividend, Interest Payment Timeline

The following timeline provides an overview of the key events for a Bonus, Capital Return, Dividend and Interest Payment and approximate times after announcement that these events occur. A more detailed process flow and associated requirements are provided in subsequent sections.

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Bonus, Capital Return, Dividend, Interest Payment Process

The following steps describe the above process flow.

Announcement of Event

Announcement Date of the event to the market. 

Ex-Date 

Establish Cum Entitlement balances

For further information, refer to /wiki/spaces/CSP/pages/66946583.

Ex-Period

Basis of Movements is applied to transactions. For further information, refer to /wiki/spaces/CSP/pages/23233230.

Record Date 

Establish Final Cum Entitlement Balance

For further information, refer to /wiki/spaces/CSP/pages/66946583.

Initiate Diary Adjustment Process

Trades that are “cum” but fail to settle by Record Date are adjusted to ensure buyer protection. For further information, refer to /wiki/spaces/CSP/pages/245730632.

Election Deadline 

Dividend Reinvestment

The final date for lodgement of election instructions to the Issuer (Registry). For further information, refer to /wiki/spaces/CSP/pages/188811567.

Payment Date / Issue Date 

The date on which entitlements, cash or securities, are credited to the entitled registered holder of securities as at Record Date. Securities will be credited to Participants via Holding Adjustments. For further information, refer to /wiki/spaces/CSP/pages/112427568.

Code Change Diary Adjustment (if required)

Note
Corporate action lifecycles have been integrated into the APG and are now available in: Section 10 - Corporate action principles; Section 11 - Corporate actions; and Section 12 Acquisitions and other events.