The Board of Ozgrowth Limited announced that it has raised the 2020 financial year dividend target to 0.6 cents per share fully franked. Accordingly, its intention is to provide for the payment of a 0.3 cents per share fully franked interim dividend in its accounts to be prepared as at 31 December 2019. The interim dividend represents 50% of the targeted annual dividend of 0.6 cents per share. The level of franking in respect of the dividends for the 2020 financial year will be determined by available franking credits at the time of payment. The interim dividend is anticipated to be paid to shareholders in February 2020. Confirmation of the dividend declaration and a payment timetable will be released in January.