The new long-term distribution policy will pay 8% of its average net asset value over four quarters, and will allow investors to access a portion of their investment every year, said chairman Rob Challinor in a statement.
The offer isn't compulsory, and shareholders will be able to retain their long-term focus if they choose.
"We don't expect all Kingfish shareholders will want to receive a cash distribution so a distribution reinvestment programme will continue to be offered," said Fisher.
The fund manager had a disappointing 12 months as its NAV fell 25% to 92 cents in the year ended March 31 and cut its dividend to 4.5 cents per share. It recorded a 9.8% increase to $1.01 in its June 17 update.
Parent company Fisher Funds hadn't decided whether to extend the scheme to shareholders in its other two NZX-listed companies Barramundi and Marlin Global, and would monitor the uptake among Kingfish investors.
"It's new and a bit different so we'll take a watch this space attitude before considering whether it is appropriate for the shareholders of the other listed funds." said Challinor.
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