Bank of Queensland Updates DRP Price to AUD 6.9902 and NZD Exchange Rate for November 2026 Dividend

Aditi Sarkar

13 November 2026 03:00 PM AEDT

Bank of Queensland Updates DRP Price to AUD 6.9902 and NZD Exchange Rate for November 2026 Dividend

Image Source: Krish Capital Pty Ltd

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Bank of Queensland Limited (ASX:BOQ) has filed an update to its previous dividend notification, disclosing a revised Dividend Reinvestment Plan price of AUD 6.99020 per security and an updated NZD exchange rate of AUD/NZD 1.2543, applicable to the ordinary fully paid dividend payable on 19 November 2026.

Key Points

DRP price set at AUD 6.99020 per security, calculated over the period 30 October to 12 November 2026
AUD/NZD exchange rate updated to 1.2543 for New Zealand dollar dividend payments
Ordinary dividend of AUD 0.20000000 per security is 100% franked at a 30% corporate tax rate
Dividend payment date is 19 November 2026, with a record date of 28 October 2026

Dividend Details for the Six-Month Period Ended 31 August 2026

Bank of Queensland disclosed an ordinary dividend of AUD 0.20000000 per ordinary fully paid security, relating to the six-month financial reporting period ended 31 August 2026. The dividend is 100% franked, with a franked amount per security of AUD 0.20000000 and an applicable corporate tax rate of 30%. The unfranked amount per security and the conduit foreign income amount per security are both AUD 0.00000000. APRA approval, required as a condition prior to business day 0 of the timetable, was confirmed as received on 9 October 2026.

DRP Price Calculation and Plan Terms

According to the filing, the DRP price of AUD 6.99020 was calculated at a discount of 0% on the arithmetic average, rounded to four decimal places, of the daily volume weighted average price of BOQ shares traded during the 10-trading-day period commencing on the second trading day after the record date. The calculation period ran from 30 October 2026 to 12 November 2026. DRP securities are to be issued as new securities on 19 November 2026. The deadline for lodgement of DRP election notices to the share registry was 29 October 2026 at 17:00.

NZD Payment Currency and Key Timetable Dates

The filing states that Bank of Queensland defaults to payment in New Zealand dollars for eligible securityholders, with the AUD/NZD exchange rate set at 1.2543. The ex-dividend date was 27 October 2026, the record date was 28 October 2026, and the payment date is 19 November 2026. The deadline for securityholders to submit currency election documents was 28 October 2026 at 17:00. The update was filed on 13 November 2026, amending a previous announcement dated 15 October 2026.

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