Australian United Investment Company Limited (AUI) reported strong financial results for the fiscal year ending 30 June 2026, announcing a profit after tax of $220.4 million and an underlying profit after tax of $59.3 million, excluding special income and merger-related items. The company's pre-tax net tangible asset (NTA) return of 9.5% outperformed the S&P/ASX 200 Accumulation Index's 6.1%. AUI declared fully franked dividends totaling 45 cents per share, continuing a trend of consistent dividend payouts since 1994. Significant corporate developments included a successful merger with Diversified United Investment Limited (DUI), which expanded AUI's portfolio to $3.1 billion and increased market capitalization to approximately $2.6 billion, enhancing diversification and liquidity. Post-merger, an international investment policy was introduced to manage a portion of the portfolio in global equities. The company remains cautious about economic conditions, yet expects steady earnings and aims to maintain its current dividend levels in the upcoming year.
Key Points
Profit after tax was $220.4 million.
Underlying profit after tax was $59.3 million.
Pre-tax NTA return of 9.5%, outperforming the S&P/ASX 200 Accumulation Index.
Declared fully franked dividends of 45 cents per share.
Executed a merger with Diversified United Investment Limited.
Portfolio size increased to $3.1 billion, market capitalization approximately $2.6 billion.
Introduced an international investment policy for 10% to 20% of the portfolio.
Continued focus on reliable, fully franked income for shareholders.
Cautious economic outlook with plans to maintain current dividend levels.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.