Mtfhc

[nextbigthing]

Thanks Percy.

From http://www.mtf.co.nz/pdf/investors/2...ual_report.pdf

The dividend rate is set annually, at 2.40% over the one-year swap rate, and was reset at 6.26% (2013: 5.32%) on 30 September 2014, for the
twelve months to 30 September 2015.


And from the notes;

perpetual preference shares
Perpetual preference shares are classified as equity. The shares are non-redeemable and carry no voting rights.
Dividends are not guaranteed and are payable at the discretion of the directors. Any dividend is recognised as a
distribution within equity.

perpetual preference share dividend
fully imputed dividend declared and paid during the year (net) at 3.83 cents per share (2013:
3.58) 1