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Solaris Australian Equity Income Plus Limited (ASX:SET)

ALERT: Price-sensitive ASX Announcement for SET
Current share price for SET : $2.120 -0.06 (-2.75%)+
Announcement
Release
31 Jul 2026 11:23AM
Price at Release
$2.180
Full Release
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Summary
Solaris Australian Equity Income Plus Limited announced its initial monthly fully-franked dividends, reflecting the company's commitment stated during its IPO. The dividends are set to commence in August 2026, with increasing amounts over the subsequent months, reaching 0.7 cents per share by October 2026. The dividends align with the company's objectives to provide regular monthly income to shareholders and meet performance benchmarks. The company foresees continued dividend growth, subject to market conditions and internal profit reserves.
Key Points
  • Initial monthly dividends announced by Solaris Australian Equity Income Plus Limited.
  • Dividends to start in August 2026 and increase through October 2026.
  • First dividend of 0.3 cents in August, increasing to 0.7 cents by October.
  • Dividends are fully franked, providing tax benefits to shareholders.
  • Announcement aligns with objectives set during IPO in April 2026.
  • Dividends subject to availability of profits, franking credits, and market conditions.
  • Company aims to outperform income benchmarks while aligning with total return benchmarks.
  • Management confident in sustaining dividend growth through strategic investments.
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.