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Djerriwarrh Investments Limited (ASX:DJW)

ALERT: Price-sensitive ASX Announcement for DJW
Current share price for DJW : $2.910 -0.02 (-0.68%)+
Announcement
Release
24 Jul 2026 9:24AM
Price at Release
$2.930
Full Release
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Summary
Djerriwarrh Investments Limited reported an increase in net profit attributable to members for the financial year ending 30 June 2026, with a profit of $41.0 million, up 4.6% from the previous year. The company enhanced its dividend strategy by increasing the frequency of dividends from semi-annual to quarterly, resulting in total dividends of 15.75 cents per share, representing a 7.0% fully franked yield on net asset backing. The portfolio underperformed the S&P/ASX 200 Index, largely due to overweight positions in certain companies and option exercises reducing holdings. Despite challenges, the company remains focused on delivering enhanced fully franked income and long-term capital growth. The management expense ratio decreased to 0.41%, and the net tangible asset backing per share was $3.22 before tax. Djerriwarrh continues to implement option strategies to generate additional income.
Key Points
  • Net profit attributable to members was $41.0 million.
  • Total dividends for the year were 15.75 cents per share, fully franked.
  • Dividend yield on net asset backing was 7.0% when grossed up for franking credits.
  • Portfolio underperformed the S&P/ASX 200 Index with a 2.8% return including franking credits.
  • Management expense ratio was 0.41%.
  • Net tangible asset backing per share was $3.22 before tax.
  • Increased frequency of dividends to quarterly.
  • Option strategies contributed significantly to income.
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.