Tasmea Announces Fully Franked Special Dividend
Key points
- Special Dividend of 10.0 cents per share
- Fully franked and included in DRP
- Reflects strong financial performance and strategic confidence
- No impact on FY27 earnings or growth aspirations
Full summary
Tasmea Limited (ASX: TEA) announced a fully franked special dividend of 10.0 cents per share, totaling approximately A$26.2 million, reflecting robust financial performance and strategic momentum. The dividend is part of the Dividend Reinvestment Plan (DRP) at A$6.85 per share. This decision aligns with the company's dividend policy range of 30-50% of NPAT. The special dividend is expected to represent about 35% of the pro-forma NPAT for FY26. The company's strong balance sheet and net leverage below 1.0x support organic and programmatic growth. The special dividend will not affect FY27 earnings or growth aspirations.
Guidance
FY26 earnings guidance reconfirmed; net leverage expected to remain below 1.0x
Outlook
Positive FY27 outlook with sustained customer demand, margin resilience, and strategic initiatives expected to drive profitable growth.
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