As from FY20 interim dividend, Brambles moved to a payout ratio based dividend policy, targeting a payout ratio of 45-60% of Underlying Profit after finance costs and tax, subject to Brambles' cash requirements, with the dividend per share declared in US cents and converted and paid in Australian cents.

• Dividend History

  Financial Year	Amount (USD)	Amount (AUD)	Ex-Dividend Date	Record Date	Date Paid	Franking	FX rate  paid in GBP	DRP Price  (AUD)
  2022 Interim	10.75 cents	15.06 cents	09/03/22	10/03/22	14/04/22	30%	0.5578	n/a
  2021 Final	10.5 cents	14.24 cents	08/09/21	09/09/21	14/10/21	30%	0.5295	n/a
  2021 Interim	10.0 cents	13.08 cents	10/03/21	11/03/21	08/04/21	30%	0.5427	n/a
  2020 Final	9.0 cents	12.54 cents	09/09/20	10/09/20	08/10/20	30%	0.55033	n/a
  2020 Interim	9.0 cents	13.38 cents	11/03/20	12/03/20	09/04/20	30%	0.49399	n/a
  2019 Final		14.5 cents	11/09/19	12/09/19	10/10/19	30%	0.54572	n/a
  2019 Interim		14.5 cents	06/03/19	07/03/19	11/04/19	65%	0.54022	$11.92
  2018 Final		14.5 cents	11/09/18	12/09/18	11/10/18	30%	0.55367	$10.85
  2018 Interim		14.5 cents	07/03/18	08/03/18	12/04/18	30%	0.54781	$9.70
  2017 Final		14.5 cents	13/09/17	14/09/17	12/10/17	30%	0.591423	$9.06
  2017 Interim		14.5 cents	08/03/17	09/03/17	13/04/17	25%	0.60841	$9.19
  2016 Final		14.5 cents	07/09/16	08/09/16	13/10/16	25%	0.59967	$11.81
  2016 Interim		14.5 cents	10/03/16	11/03/16	14/04/16	25%	0.53129	$11.93
  2015 Final		14 cents	09/09/15	11/09/15	08/10/15	30%	0.46227	$9.59
  2015 Interim		14 cents	11/03/15	13/03/15	09/04/15	30%	0.521841	n/a
  2014 Final		13.5 cents	10/09/14	12/09/14	09/10/14	30%	0.544515	n/a
  2014 Interim		13.5 cents	07/03/14	14 /03/14	10/04/14	30%	0.5449	n/a
  2013 Final		13.5 cents	09/09/13	13/09/13	10/10/13	30%	0.5860	n/a
  2013 Interim		13.5 cents	04/03/13	08/03/13	11/04/13	30%	0.6852	n/a
  2012 Final		13 cents	17/09/12	21/09/12	11/10/12	30%	0.6429	n/a
  2012 Interim		13 cents	05/03/12	09/03/12	12/04/12	20%	0.6597	n/a
  2011 Final		13 cents	15/09/11	21/09/11	13/10/11	20%	0.6306	n/a
  2011 Interim		13 cents	07/03/11	11/03/11	14/04/11	20%	0.6130	$6.70
  2010 Final		12.5 cents	16/09/10	22/09/10	14/10/10	20%	0.6102	$6.12
  2010 Interim		12.5 cents	12/03/10	18/03/10	08/04/10	20%	n/a	$7.22
  2009 Final		12.5 cents	14/09/09	18/09/09	27/10/09	20%	n/a	$7.01
  2009 Interim		17.5 cents	13/03/09	19/03/09	09/04/09	10%	n/a	$5.10
  2008 Final		17.5 cents	15/09/08	19/09/08	09/10/08	10%	n/a	n/a
  2008 Interim		17 cents	14/03/08	20/03/08	10/04/08	10%	n/a	n/a
  2007 Final		17 cents	17/09/07	21/09/07	11/10/07	20%	n/a	n/a
• 2020 Special Distribution

   

  Special Dividend
  

  Financial Year		Amount (AUD)		Ex-Dividend Date	Record Date	Date Paid	Franking	FX rate  paid in GBP	DRP Price  (AUD)
  2020		17 cents		14/10/19	15/10/19	22/10/19	0%	0.52703	n/a

   

  Capital Return
  

  Financial Year		Capital Return  (AUD)	Ex-Record  Date	Record Date	Date Paid	Franking	FX rate  paid in GBP	DRP Price  (AUD)
  2020		12 cents	14/10/19	15/10/19	22/10/19	n/a	0.52703	n/a

  ATO Class Ruling
• Dividend Reinvestment Plan (DRP)

  On 21 August 2019 Brambles announced that it had suspended its DRP given the ongoing on-market share buy-back, which commended following the sale of IFCO RPC in June 2019. The DRP will remain suspended until Brambles announces that it is reactivated.

  Under the DRP, the date for electing to participate in the DRP as it applies to a dividend payment is 5.00pm (Sydney time) on the first business day after the record date for a dividend. If a shareholder wishes to terminate or reduce their participation in the DRP in advance of a dividend payment, the deadline for returning a DRP Variation or Termination form to Brambles' Share Registry is also normally 5.00pm (Sydney time) on the first business day after the record date for that dividend, unless the Brambles Board determines that there will be a later withdrawal date.

  A summary booklet of the DRP, the DRP rules and a multi-purpose DRP application/variation/termination form can be downloaded below:

  DRP Rules

  DRP Summary Booklet

  DRP Application/Variation/Termination form
• DRP History

  Financial Year	DRP Price Discount	DRP Price  in AUD  (after discount)	DRP Pricing Period	Date DRP Shares Allotted
  2016 Interim	1.5%	$11.93	16/03/2016 to 31/03/2016	14/04/2016
  2015 Final	1.5%	$9.59	15/09/2015 to 28/09/2015	08/10/2015
  2011 Interim	2.5%	$6.70	05/03/2011 to 04/04/2011	14/04/2011
  2010 Final	2.5%	$6.12	24/09/2010 to 07/10/2010	14/10/2010
  2010 Interim	2.5%	$7.22	22/03/2010 to 06/04/2010	08/04/2010
  2009 Final	2.5%	$7.01	12/10/2009 to 23/10/2009	27/10/2009
  2009 Interim	2.5%	$5.10	23/03/2009 to 03/04/2009	09/04/2009