Choose how you'd like to receive your Fonterra Co-operative Group (FCG) dividend — reinvested into shares, paid into a Save account, or paid to your bank account.
By default, your Fonterra dividends are paid by Computershare in accordance with your existing instructions. You can now choose to have your dividend paid into Sharesies instead, and decide how it's split.
What you can do with your dividend
Once your dividend is paid into Sharesies, you can choose to:
Reinvest all or part of it into more FCG shares, brokerage-free
Put a portion into a Save account, which earns a special rate
Have the remainder paid into your bank account
You can split your dividend across these options, rather than choosing just one.
How to manage your dividends
From your business profile, select the farm your FCG shares are held under.
Select ‘Manage’.
Select ‘Manage your dividends’.
Select ‘Opt in’.
Choose how you'd like your dividend split — for example, how much to reinvest into FCG shares, how much to put into a Save account, and how much to send to your bank account.
Confirm your choices.
If you don't want to change anything
You don't need to do anything. If you don't set up your dividend preferences in Sharesies, your Fonterra dividends will keep being paid by Computershare in line with your current instructions.
Fees
Reinvesting your dividend into FCG shares through Sharesies doesn't incur brokerage fees, in line with FCG share purchases generally.