PERTH, March 5, 2026, 14:36 AWST
- Northern Star has set March 5 as the record date for its A$0.25 interim dividend, with payment scheduled for March 26.
- The stock’s ex-dividend date was March 4, so investors picking it up now aren’t eligible for this dividend.
- Investors in Western Australia have until 5 p.m. Friday to finalize their dividend reinvestment plan choices.
Northern Star Resources Ltd’s interim dividend moves to its record date on Thursday, finalizing which shareholders get the A$0.25 per share payout later this month. The company named March 4 as the ex-dividend date, with a 5 p.m. Friday deadline for investors wanting to opt into the dividend reinvestment plan, according to an ASX notice. Company Announcements
The catch: “ex-dividend” marks the cutoff. Shares bought after that point don’t include the dividend. This payout is “fully franked” as well, meaning it carries Australian tax credits that may boost after-tax returns for some domestic investors.
Shareholders face a tight window: those opting for shares rather than cash must lock in their choice ahead of the registry cutoff. The reinvestment price? That will be pegged to the average traded prices in the days following the record date.
Northern Star put out its half-year numbers in February, posting an underlying net profit after tax of A$760 million and net cash hitting A$293 million. The board declared a 25cps interim dividend—this, despite what managing director Stuart Tonkin called “a soft operating performance.” Spending on growth projects, like the KCGM mill expansion, remains ongoing. ASX Announcements
Northern Star, in its half-year report, noted it wrapped up the A$50 million cash sale of its Northern Star (Tanami) unit, which owns a 50% stake in the Central Tanami project joint venture.
According to Reuters company information, Northern Star stands among Australia’s major listed gold producers, operating mines and processing sites in Western Australia as well as the Pogo project up in Alaska. Reuters
Still, cash returns come with their own risks. Back in January, Northern Star trimmed its full-year production forecast to 1.6 million–1.7 million ounces, down from the previous 1.7 million–1.85 million target. A weaker December quarter pressured the revision, with the company blaming unexpected maintenance problems and operational hiccups—a primary crusher breakdown at KCGM, plus softer production at both Jundee and Thunderbox. ASX Announcements
Investors now care less about the dates and more about how the underlying business shapes up — specifically, if production rebounds later and if spending stays in check as big projects consume cash. The dividend isn’t moving. What happens after that remains up in the air.
