IOOF Holdings Ltd. lowered its interim dividend for the fiscal year ending June 30.

The company said Feb. 15 that its board declared an interim dividend of 26 Australian cents per share, down from 28.5 cents per share in the prior fiscal year.

The interim dividend will be paid March 30 to shareholders on record as of March 9.

As of Feb. 15, US$1 was equivalent to A$1.30.