• Waypoint REIT posts distributable earnings growth and confirms FY26 outlook

    Group of successful real estate agents standing in building and looking at tablet.

    The Waypoint REIT Ltd (ASX: WPR) share price is on the move today after posting distributable EPS of 8.59 cents, up 3.4% on the prior period, and announcing a quarterly distribution per security of 8.50 cents, a 3.2% increase.

    What did Waypoint REIT report?

    • Distributable earnings per security (DEPS): 8.59 cents, up 3.4% vs 1H25
    • Distribution per security: 8.50 cents, up 3.2% vs 1H25
    • Statutory net profit: $65.8 million ($71.3 million lower than 1H25, due to lower property revaluations)
    • Portfolio valuation uplift: $10.7 million, with book value at $2.86 billion
    • NTA per security: $2.92, up 0.7% since December 2025
    • Gearing: 32.4%, at the lower end of target range

    What else do investors need to know?

    Waypoint REIT reported that all FY26 lease expiries have now been resolved, with 26 of 28 leases renewed or extended, achieving a strong 97% retention rate and an average rental reversion of 10.3%. The business completed a major refinancing during the half, issuing a new $250 million, 6-year medium term note and repaying the same amount of bank debt, further strengthening its debt profile.

    The company also highlighted asset sales, including the settlement of the Nowra property for $6.1 million, and continued progress on its OTR conversion program, with 19 conversions completed—all funded by Viva Energy Australia, their major tenant. Management reaffirmed prioritisation of prudent capital management, strong hedging, and maintaining high occupancy (currently 99.9%).

    What’s next for Waypoint REIT?

    Looking ahead, Waypoint REIT has reaffirmed full-year guidance for distributable earnings per security at 17.14 cents, a 3% increase over FY25. The company expects quarterly distributions to increase to 4.32 cents per security in the second half of FY26, reflecting a 100% payout ratio.

    Management will continue to focus on optimising debt facilities, progressing non-core asset sales (targeting $10–20 million in 2H26), and engaging on upcoming lease expiries in 2027. The outlook remains cautious on transaction activity, with interest rates still the key driver of market sentiment.

    Waypoint REIT share price snapshot

    Waypoint REIT shares have underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of 5.5%.

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    Should you invest $1,000 in Waypoint REIT Ltd right now?

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Own Qantas shares? Here’s how much the latest dividend will pay

    A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges

    Qantas Airways Ltd (ASX: QAN) shares are moving higher on Thursday after the airline released its FY26 results.

    At the time of writing, the Qantas share price is up 2.71% to $9.47.

    The result was a mixed one, with revenue rising but profit falling as the Middle East war pushed fuel costs higher.

    For income investors, though, one part of the result that may stand out is the latest dividend.

    So, how much will Qantas shareholders receive?

    Qantas delivers another fully-franked dividend

    Qantas has declared a fully-franked final dividend of 19.8 cents per share, with around $300 million set to be returned to shareholders.

    This matches the 19.8 cent interim dividend paid earlier this year and takes the company’s FY26 base dividends to 39.6 cents per share.

    That’s 20% higher than the 33 cents in base dividends paid in FY25.

    However, shareholders also received a 19.8-cent special dividend last year, which took the total FY25 payout to 52.8 cents per share.

    At the current Qantas share price of $9.47, the FY26 base payout represents a trailing dividend yield of around 4.2% before franking credits.

    When will Qantas pay its dividend?

    Qantas shares are scheduled to trade ex-dividend on 15 September, with the record date falling on 16 September.

    The airline will then pay the final dividend on 14 October.

    The dividend will be fully franked, giving eligible investors the added benefit of attached franking credits.

    There was also an update on Qantas’ capital returns, with the airline deciding not to go ahead with the additional $150 million on-market share buyback it announced in February.

    Management said fuel volatility linked to the Middle East war no longer supported keeping the buyback open.

    What did Qantas report?

    Qantas reported FY26 revenue and other income of $25.52 billion, up 7.1% from the previous year.

    Underlying profit before tax fell 13.8% to $2.06 billion, while statutory profit after tax declined 19.7% to $1.29 billion.

    The airline said the Middle East conflict had a $420 million net impact on earnings, with its fuel bill increasing by around $610 million.

    Qantas International was hit particularly hard, although its loyalty division was a stronger part of the result. This segment achieved underlying EBIT rising 12% to $625 million.

    What next?

    The higher base dividend gives shareholders something positive to take from the result, particularly with the payment fully franked.

    However, investors will also need to weigh this against lower earnings and the decision to cancel the planned buyback.

    Qantas said travel demand remains resilient heading into FY27, while domestic and international unit revenue is expected to improve in the first half.

    Fuel costs are expected to stay elevated, so investors will be watching to see if stronger revenue can help offset some of those higher costs.

    The post Own Qantas shares? Here’s how much the latest dividend will pay appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Qantas Airways right now?

    Before you buy Qantas Airways shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Qantas Airways wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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    Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Horizon Oil FY26 results: Record production and expanding platform

    An oil refinery worker checks her laptop computer in front of a backdrop of oil refinery infrastructure.

    The Horizon Oil Ltd (ASX: HZN) share price is under pressure today after announcing its FY26 results, which included record net production of 2.15 million barrels of oil equivalent (MMboe) and underlying revenue of US$107.2 million.

    What did Horizon Oil Ltd report?

    • Record FY26 net production of 2.15 MMboe, up 33% year on year
    • Underlying revenue of US$107.2 million (statutory revenue: US$84.2 million)
    • EBITDAX of US$56.4 million
    • Profit after tax of US$11.1 million
    • Cash flow from operating activities up 32% to US$47.2 million
    • Final dividend of 1.0 cents per share, taking total FY26 dividends declared to 2.5 cents per share

    What else do investors need to know?

    Horizon strengthened its production platform through two major acquisitions in the past year. The company integrated its newly acquired Thailand assets and obtained control of Cue Energy Resources Limited in June 2026, expanding its producing asset base across five countries.

    Reserves also grew materially, with net 2P reserves up 51% to 13.6 MMboe and 2C contingent resources up 61% to 19.8 MMboe as of 30 June 2026. The group closed the year with US$37.4 million cash and modest net debt of US$11.3 million after paying out over A$33 million in shareholder dividends.

    What’s next for Horizon Oil Ltd?

    Looking ahead, Horizon plans to unlock more value from its expanded portfolio with a series of near-term catalyst projects. The company is progressing field optimisation programs, infrastructure upgrades, and new drilling across its Asia-Pacific assets, including gas development in Thailand and appraisal activity in Australia and Indonesia.

    Management highlighted ongoing cost discipline, a focus on high-return opportunities, and a strong commitment to shareholder returns as cornerstones of its future strategy.

    Horizon Oil share price snapshot

    The Horizon Oil share price is modestly beating the S&P/ASX 200 index (ASX: XJO) on a 12-month basis with a gain of around 7%.

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    The post Horizon Oil FY26 results: Record production and expanding platform appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Horizon Oil right now?

    Before you buy Horizon Oil shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Horizon Oil wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.