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Spheria Emerging Companies Limited (ASX:SEC)

ALERT: Price-sensitive ASX Announcement for SEC
Current share price for SEC : $2.190 -0.13 (-5.60%)+
Announcement
Release
21 Jul 2026 4:57PM
Price at Release
$2.320
Full Release
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Summary
Spheria Emerging Companies Limited (ASX: SEC) announced a series of three monthly fully franked dividends of 1.1 cents per share, payable in July, August, and September 2026. These dividends are based on a rate of 1.5% of the post-tax net tangible assets (NTA) per share, calculated quarterly but paid in equal monthly instalments. The dividends will be fully franked at a corporate tax rate of 30%. The decision comes amidst a recovering market where SEC's portfolio underperformed during the quarter. The company has a franking account balance of $3.7 million as of 30 June 2026, which supports the payment of fully-franked dividends. This announcement was authorized by the Board of Directors.
Key Points
  • Announcement of three monthly dividends of 1.1 cents per share
  • Dividends fully franked at a 30% corporate tax rate
  • Payments scheduled for July, August, and September 2026
  • Dividends based on 1.5% of post-tax NTA per share
  • SEC's portfolio underperformed in a recovering market
  • Franking account has a balance of $3.7 million as of 30 June 2026
  • Board of Directors authorized the announcement
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.