Entrust chairwoman Denise Lee said dividend day is one many Aucklanders look forward to every year.
“There’s a real sense of excitement when the dividend arrives,” she said.
“For some people it helps with everyday costs, for others it’s an opportunity to treat themselves or put a little extra aside.
“We know this dividend makes a real difference in people’s lives because they tell us.”
To receive the dividend, people must have been the named power account holder on the Vector electricity network in the Entrust district at midnight on August 12.
The district covers central, east and south Auckland. It is the areas of Auckland, Manukau, northern Papakura and eastern Franklin that were formerly part of the old Auckland Electric Power Board.
Those whose payment could not be completed will receive a notification from Entrust.
Entrust is the 75% shareholder of lines and gas company Vector and each year its beneficiaries, Vector customers within the Entrust district, are paid a cash dividend.
Since 1994, Entrust has paid more than $2.5 billion in dividends to Aucklanders, with this year’s payment injecting more than $141 million back into the local economy.
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