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Hearts and Minds Flags Lower NTA Following Interim Dividend Adjustment

Story Highlights
  • Hearts and Minds Investments reported lower pre and post-tax NTA per share as of 27 February 2026, compared with the prior week.
  • The NTA decline partly reflects the stock trading ex a fully franked 9.5 cent interim dividend, signaling capital returned to shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hearts and Minds Flags Lower NTA Following Interim Dividend Adjustment

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The latest update is out from Hearts and Minds Investments Ltd ( (AU:HM1) ).

Hearts and Minds Investments Limited reported a decline in its net tangible asset backing per share as at 27 February 2026, with pre-tax NTA falling to $3.33 from $3.44 a week earlier, post current tax NTA easing to $3.24 from $3.35, and post tax NTA sliding to $3.14 from $3.25. The figures are stated on an ex-dividend basis, reflecting the impact of a recently announced fully franked interim dividend of 9.5 cents per share, which indicates that part of the NTA reduction is attributable to capital being returned to shareholders rather than purely to investment performance.

The most recent analyst rating on (AU:HM1) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Hearts and Minds Investments Ltd stock, see the AU:HM1 Stock Forecast page.

More about Hearts and Minds Investments Ltd

Hearts and Minds Investments Limited is an Australian listed investment company that manages a portfolio of securities, aiming to deliver long-term returns to shareholders. The company focuses on providing investors with diversified exposure to selected investments while operating under a listed investment company structure on the ASX.

Average Trading Volume: 171,920

Technical Sentiment Signal: Sell

Learn more about HM1 stock on TipRanks’ Stock Analysis page.

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