BT Investment Management (BTIM) (ASX:BTT) says the allocation price for its Dividend Reinvestment Plan will be $11.21.
The fund manager’s allocation price applies to its 2017 interim dividend payable on 5 July 2017.
BT Investment Management expects to allocate 278,173 new shares as part of the DRP on 5 July 2017.
After the allocation, the total number of ordinary shares on issue will be 314,998,793.
Shares in BT Investment Management (BTIM) (ASX:BTT) last traded 1.23 per cent higher to $11.50.