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Ironbark Balanced Income Limited (ASX:IBC)

ALERT: Price-sensitive ASX Announcement for IBC
Current share price for IBC : $0.445 0 (0%)+
Announcement
Release
25 Feb 2026 11:12AM
Price at Release
$0.445
Full Release
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Summary
Ironbark Balanced Income Limited reported a solid half-year performance for the period ending 31 December 2025, with a 5.18% return. Significant contributions came from buy & write investments with a focus on resources and utilities. The investment in wholesale unlisted corporate bonds increased, and the portfolio's total allocation to hybrids and corporate bonds rose to 52%. Despite strong property trust returns, potential rate hikes may alter future yields. A fully franked interim dividend of 1.3 cents per share was declared. The company's net profit after tax saw a 14.6% increase, and the net tangible asset backing per share grew by 2.1%. Ironbark also announced a shift to a quarterly dividend payment cycle commencing in March 2026. The financial report for this period was duly reviewed by the auditors.
Key Points
  • Ironbark Balanced Income Limited recorded a return of 5.18% for the half year to 31 December 2025.
  • The company's investment in buy & write contributed significantly to performance, with a focus on resources and utilities.
  • Investments in wholesale unlisted corporate bonds increased from 33% to 35%, with new subordinated notes issued by IAG and NAB.
  • Total investment in listed hybrids and corporate bonds rose by 2% to 52% of the portfolio.
  • Property trusts performed well, though future rate hikes may impact returns but could increase yields on floating rate notes.
  • The interim dividend declared is 1.3 cents per share, fully franked, and payable on 27 March 2026.
  • Net profit after tax increased by 14.6% from the previous year.
  • Net tangible asset backing per share increased by 2.1% after accounting for tax on unrealised gains.
  • The company transitioned to a quarterly dividend payment cycle beginning March 2026.
  • The financial report was reviewed by the company's auditors.
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.