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Computershare Limited (ASX: CPU) Share Price and News

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Computershare Limited (CPU) is the largest share registry business in the world. The company also specialises in employee equity plans, corporate trust, mortgage, bankruptcy, and a range of other financial and governance services.

Computershare was founded as one of Melbourne’s first start-up technology companies in 1978 with the ambition to provide computer services to businesses that needed to automate processes. However, the company eventually progressed to share registry, and today manages over 75 million customer records with 12,000 staff across all of the major financial markets.

Computershare is the most common share registry used by Australian companies listed on the ASX. Therefore, many Aussie investors hold an account with Computershare to manage information and preferences, access distribution statements, and carry out several other functions.

Computershare Limited (ASX: CPU) Latest News

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FAQ

Will Computershare pay a dividend in 2020?

Computershare has paid twice yearly dividends every year since late 1997. This was three years after the company first listed on the ASX. Computershare paid a partially franked, interim dividend of 23 cents per share in March 2020 and is scheduled to pay its final dividend in mid-September. Throughout the company’s history, Computershare, has paid unfranked, fully franked and partially franked dividends. Its earlier dividend payments tended to be fully franked whereas more recently, they have more commonly been issued with 20% to 30% franking.

Does Computershare offer a DRP?

Yes. Computershare offers all its shareholders residing in Australia and New Zealand the option of participating in its dividend reinvestment plan. Shareholders may elect either full or partial participation.