Diversified United Investment Limited


Investment Policy

DUI is a listed investment company founded in 1991 which invests in Australian equities and international equities.  The Company's objective is to continue to provide shareholders with dividends and capital appreciation over the longer term within acceptable levels of risk.

Dividends paid for each of the full financial years since listing are as follows:
                       Year
 

Cents Per Share
 

                      1992/93 3.0
                      1993/94 3.3
                      1994/95 3.6
                      1995/96 4.5
                      1996/97 5.0
                      1997/98 5.5
                      1998/99 5.75
                      1999/00 6.0
                      2000/01 6.25
                      2001/02 6.5
                      2002/03 7.0
                      2003/04 7.5
                      2004/05 8.5
                      2005/06 9.5
                      2006/07 12.0
                      2007/08 13.0
                      2008/09 13.0
                      2009/10 13.0
                      2010/11 13.0
                      2011/12 13.0
                      2012/13 13.5
                      2013/14 14.0
                      2014/15  14.0
                      2015/16  14.0
                      2016/17  14.5
                      2017/18  15.0
List of Directors

Charles Goode
Charles Goode AC, B.Com (Hons) (Melb), MBA (Columbia), Hon LLD (Melb), Hon LLD (Monash). Appointed Chairman September 1991. Mr Goode is the Chairman of the Boards of Australian United Investment Company Limited (since 1990), The Ian Potter Foundation Limited (Governor since 1987, Chairman since 1994) and Flagstaff Partners Pty Ltd (since 2010). Formerly Mr Goode was a director of Australia and New Zealand Banking Group Limited (1991 - 2010, Chairman 1996 - 2010) and Woodside Petroleum Limited (1988 - 2007, Chairman 1999 - 2007).

Anthony Burgess
Anthony Burgess, B.Com (Hons) (Melb), MBA (Distinction) (Harvard), CPA, F.Fin. Appointed September 2008. Mr Burgess has over 30 years' experience in corporate finance in Melbourne, London and New York. He is Chief Executive Officer of Flagstaff Partners Pty Ltd (since 2010), an independent corporate finance advisory firm. He was formerly Global Co-Head of Mergers and Acquisitions at Deutsche Bank AG, based in London. He is a Governor of The Ian Potter Foundation Limited (since 2013), Chairman of the Foundation of Business and Economics at the University of Melbourne, a Director of the Melbourne Business School Limited and a member of the Board of Management of the Melbourne Theatre Company.

Stephen Hiscock
Stephen Hiscock, B.Com (Melb), M.App.Fin (Macq), F.Fin. Appointed November 2011. Mr Hiscock is Chairman and a founding shareholder of SG Hiscock & Company Limited (SGH), a fund manager specialising in Australian Equities and REITs. Prior to setting up SGH, Mr Hiscock was Chief Investment Officer, National Asset Management Ltd (NAM), a subsidiary of National Australia Bank Ltd and he was also the Chairman of their Asset Allocation Committee. Prior to that he was the Head of NAM's Australian Equities team (for 5 years) and the Head of NAM's Property Team. He is the Chairman of the Company's Nomination and Remuneration Committee.

Andrew Larke
Andrew Larke, LLB (Melb), B.Com (Melb), Grad Dip (Corporations & Securities Law) (Melb). Appointed March 2015. Mr Larke is a Non-Executive Director of DuluxGroup Ltd and IXOM (a leading Australasian chemicals business). Formerly he has held senior corporate strategy roles in Orica Ltd and North Ltd and has been involved in mergers, acquisitions and divestments as well as corporate advisory for over 25 years. He is Chairman of the Company's Audit and Risk Management Committee.

Corporate Governance

Corporate Governance Statement
Audit & Risk Management Committee Charter
Nomination & Remuneration Committee Charter
Continuous Disclosure Policy
Policy for dealing in Company Securities

Constitution

Please click here to view the Company's Constitution