Generally, the Board intends, on an annual basis, to distribute cash from operations after debt servicing and corporate cost commitments have been met. The Board will also consider the capital structure of Alumina Limited, the capital requirements for the AWAC business and market conditions. Dividends will be fully franked for the forseeable future.

On 23 August 2022, the Directors declared a 2022 Interim, fully franked dividend of US 4.2 cents per share.

The Record Date for eligibility for receiving the dividend was 29 August 2022 and the shares traded ex-dividend on the ASX from 26 August 2022. Shares purchased on or after the ex-dividend date do not qualify for the dividend. Payment date was 15 September 2022.

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Dividend History

For information of Alumina Limited’s past dividend distributions to shareholders, please click here.

  • Dividend reinvestment plan
  • How to participate

Dividend reinvestment plan

In March 2008, the directors of Alumina Limited (formerly WMC Limited) established a new Dividend Reinvestment Plan (“New DRP”) replacing the existing Dividend Reinvestment Plan (“Existing Plan”).

In February 2020, in accordance with the Terms and Conditions of the Alumina Limited Dividend Reinvestment Plan (DRP), the Board of Directors again suspended the Company’s DRP.

Alumina Limited’s Dividend Reinvestment Plan (DRP) allows eligible shareholders in Australia and New Zealand to reinvest dividends in additional Alumina ordinary shares. Eligible shareholders will receive correspondence either via the post or via email, advising their current DRP election and instructions for participation. A copy of the DRP Rules is available below.

Only holders of fully paid ordinary shares with a registered address in Australia or New Zealand (other than shareholders who are ‘U.S. persons’, and other than shareholders to the extent that they are acting for the account or benefit of a ‘U.S. person’, refer clause 16(b) of the Plan Terms and Conditions) are eligible to participate in the Plan.

Please note:  Notification will be placed on this website when there is any change to the DRP. 

How to participate

If you would now like to elect to participate in the Plan or vary or terminate your participation, you can do that by:

  • electronically logging onto the Share Registrar’s website at and following the instructions there; or
  • Contacting our Share Registrar on 1300 556 050 (local) or +61 (3) 9415 4027 (International).

DRP documentation available for downloading: