Dividends

Dividends can be paid directly into a bank, building society or credit union account in Australia and New Zealand on the dividend payment date.

A dividend advice confirming the deposit details is either mailed to you or is available on-line on the payment date. It is very important that shareholders bank outstanding dividend cheques promptly and advise the share registry immediately of changes of address or bank account details.

QBE encourages shareholders to use the direct credit facility as:

1. you will receive your dividend as cleared funds on the date of payment

2. security is enhanced as the possibility of cheques being lost or stolen is eliminated; and

3. costs to QBE are lowered, ultimately benefiting all shareholders.

In order to avoid the deduction of Australian income tax at the rate of 46.5%, QBE encourages Australian resident shareholders to complete a tax file notification form.

Eligible shareholders can participate in QBE's Dividend Reinvestment Plan ("DRP") and Bonus Share Plan ("BSP") when the plans are active.  The DRP enables you to subscribe for additional shares. The BSP is a bonus share plan whereby the dividend entitlement is foregone for bonus shares in lieu of the dividend.

QBE ordinary shareholders who hold a minimum of 100 shares per registered holding at each dividend record date and have a registered address in Australia, New Zealand or reside in any other jurisdiction in which QBE is satisfied that it is lawful and practicable for that shareholder to participate in the DRP or BSP are eligible shareholders.

At present, a shareholder who is recorded in QBE’s share register as having an address in either the USA (or its territories) or Canada (or its territories) is not an eligible shareholder.

If any shares are held by a person (nominee) who is recorded in QBE’s share register as having an address in either Australia or New Zealand on behalf of another person (beneficial owner) and the beneficial owner resides in and would, if registered as a shareholder, be recorded in QBE’s share register as having an address in the USA (or its territories) or Canada (or its territories), then neither the nominee nor the beneficial owner is an eligible shareholder.

2012 Final Dividend

The dividend reinvestment plans will continue at a 1.5% discount. The record date is 8 March 2013.

IMPORTANT: Application or variation forms for both the BSP and the DRP must be received by the Company's share registry, Link Market Services Limited, by 5:00pm on the relevant dividend record date.

Participants may change their election to participate in the DRP or BSP at any time. The application or variation form is available below.

Dividend election forms and documents

Request for direct credit of payments form - Australian bank accounts (PDF 195 kb)
Request for direct credit of payments form - New Zealand bank accounts (PDF 196 kb)
Dividend reinvestment plan booklet (PDF 217 kb)
Bonus share plan booklet (PDF 215 kb)
Dividend reinvestment plan and bonus share plan application or variation form (PDF 229 kb)
Features of DRP/BSP (PDF 229 kb)

Dividend payment history