Yes, Treasury Wine Estates’ dividend policy is to target a payout ratio of 55-70% of normalised net profit after tax each year. The dividend is considered and declared by the Company’s Board of Directors at the time of the interim and annual results announcements.

By contacting Computershare you can register to receive email alerts when shareholder communication such as the Annual Report and your dividend statements are available online. The default option for receiving your Annual Report is via the Treasury Wine Estates (TWE) website. Information on how to access the Annual Report online will be provided in the Notice of Meeting each year. Alternatively you may elect to receive printed copies of the Annual Report by contacting Computershare.

For all information about your shareholding, including dividend statements and change of address, please contact Treasury Wine Estates' (TWE's) share register. See more at Investor Contacts.

Information about historical Treasury Wine Estates (TWE) shares is available on the Investors page.

Yes. Treasury Wine Estates Limited’s Dividend Reinvestment Plan (DRP) has been reinstated and is available to Australian resident shareholders for the 2019 interim dividend. The DRP allows eligible shareholders to reinvest either all or part of their dividend in additional fully paid ordinary shares in Treasury Wine Estates Limited, instead of receiving the dividend in cash.

Treasury Wine Estates (TWE) has an American Depository Receipts (ADR) program with each ADR representing one ordinary share. TWE's ADRs are not listed on a US Securities Exchange, but may be traded in the OTC Market.

Shareholders (in Australia) have the opportunity to purchase our wines through cellardoor.co. Shareholders can register for cellardoor.co by calling 1300 846 863. Information about cellardoor.co is included in the welcome letter provided to new shareholders.

The Supreme Court of Victoria approved the scheme of arrangement to demerge Treasury Wine Estates from Foster’s Group Limited on 4 May 2011 and Treasury Wine Estates Limited commenced trading on the Australian Securities Exchange on 10 May 2011.

Australian Resident Capital Gains Cost Base

As indicated in Section 9 of the Demerger Booklet, where demerger tax relief is available, the cost base of the Foster’s Shares held by Australian resident Foster’s Shareholders will be allocated between their Foster’s Shares and their Treasury Wine Estates Shares. The allocation will be based on the market values (or a reasonable approximation thereof) of the Foster’s Shares and the Treasury Wines Estates Shares just after the Demerger.

The Australian Taxation Office (ATO) has issued a class ruling in relation to the demerger, a copy of which is available below. The ATO is expected to issue a fact sheet confirming the tax consequences of the demerger for Australian resident shareholders, and TWE will include a copy of the fact sheet on its website after publication by the ATO.

Foster’s has notified Australian resident shareholders in writing of the tax consequences, a copy of which is available below.