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Whitefield Income sets fully franked monthly dividends with 8.3% annualised yield

Story Highlights
  • Whitefield Income declared fully franked monthly dividends of 0.583 cents per share for April, May and June 2026.
  • The company targets an 8.3% annualised yield while keeping variable top-up dividends tied to profits and capital strength.
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Whitefield Income sets fully franked monthly dividends with 8.3% annualised yield

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Whitefield income limited ( (AU:WHI) ) just unveiled an announcement.

Whitefield Income Limited has declared fully franked monthly base dividends of 0.583 cents per share for April, May and June 2026, with ex-dividend dates mid-month and payments at the end of each month. Based on the 31 March 2026 share price of $1.31, the combination of these monthly dividends and the latest half-yearly top-up payment equates to an annualised yield of 8.3%, underscoring the company’s positioning as a high-yield income vehicle for shareholders.

The board reiterated that while the base dividends are paid regularly each month, the top-up dividends remain variable and are set after reviewing net profit, dividends already paid, franking credit capacity and the strength of the capital base. This approach signals a commitment to sustaining attractive income levels for investors while retaining flexibility to adjust distributions in line with the company’s financial performance and balance sheet needs.

More about Whitefield income limited

Whitefield Income Limited is an Australian listed investment company focused on providing investors with regular income through fully franked dividends. The company structures its distributions as monthly base dividends, with the potential for additional half-yearly top-up payments depending on profitability, available franking credits and capital management considerations.

Average Trading Volume: 243,561

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$301.8M

For detailed information about WHI stock, go to TipRanks’ Stock Analysis page.

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