Latest Net Tangible Assets News

WAM Leaders Limited (ASX: WLE) has successfully completed a $225 million placement amid strong demand and launched a $150 million Share Purchase Plan (SPP) at a 5% discount, offering shareholders a chance to increase exposure to a portfolio that has consistently outperformed the ASX 200.

PM Capital Global Opportunities Fund Limited delivered a 41.5% jump in profit after tax to $238 million for FY26 and raised its fully franked dividend guidance to 16 cents for FY27, reflecting strong portfolio returns and robust earnings reserves.

Dexus Convenience Retail REIT (ASX:DXC) delivered FY26 distributions of 20.9 cents per security, matching guidance amid resilient income growth and portfolio enhancement.

Flagship Investments Limited reported a sharp 24.1% portfolio decline for the year ended 30 June 2026, underperforming the ASX All Ordinaries Index by 21.7 percentage points. Despite this, the company declared a fully franked final dividend of 5.3 cents per share, supported by retained earnings.

WAM Income Maximiser (ASX: WMX) has kicked off a $125.4 million entitlement offer priced at $1.62 per share, alongside a $47 million placement, aiming to bolster its capital base while maintaining a 7.1% fully franked dividend yield.

Argo Investments reported a stable $260.2 million profit for FY2026, declared a record fully franked 38.5c dividend, and announced a shift to quarterly dividends from January 2027 with a forecast 40c annual payout.

Centuria Office REIT swung to a $55.2 million profit in FY26, driven by solid leasing activity and a $1 billion debt refinancing that extended maturities and cut margins. The REIT maintained stable occupancy and delivered distributions in line with guidance, while setting a positive outlook for FY27.

Pengana International Equities (ASX: PIA) confirms it will proceed with an off-market equal access buy-back following shareholder approval, setting a record date of 7 August 2026. The buy-back faces legal challenges from Pengana Capital Limited but remains on track unless a court intervenes.

WAM Strategic Value delivered a 9.5% investment portfolio gain in FY2026, beating the ASX All Ordinaries by 3.8%, alongside an 8.3% increase in its fully franked dividend to 6.5 cents per share.

WAM Leaders outperformed the ASX 200 by 7.9% in FY2026, boosting its fully franked dividend to 9.6 cents per share and delivering a total shareholder return of 24.7% including franking credits.

AMCIL posted a modest 3.6% net profit increase to $6.9 million for FY2026 despite a 10% portfolio loss. The company cut total dividends to 4.0 cents per share, reflecting market headwinds and portfolio repositioning.

Australian Foundation Investment Company (ASX:AFI) posted a 3% increase in net profit for FY26, holding dividends steady with a special payout amid portfolio underperformance against the ASX 200.