The WAM Income Maximiser Ltd (ASX: WMX) share price is in focus after the company announced a fully franked monthly dividend of 0.66 cents per share, payable at the end of October 2026.

What did WAM Income Maximiser report?

• Dividend of 0.66 cents per share, fully franked
• Record date: 20 October 2026
• Ex-dividend date: 19 October 2026
• Payment date: 30 October 2026
• Dividend covers the October 2026 period
• Dividend Reinvestment Plan (DRP) available, no discount applied

What else do investors need to know?

WAM Income Maximiser continues its established pattern of delivering monthly, fully franked dividends with this latest announcement. The dividend is set at 0.66 cents per share, in line with recent payments, offering ongoing income to shareholders.

Investors can choose to reinvest their dividends via the company’s Dividend Reinvestment Plan (DRP). The DRP will operate at no discount, with the reinvestment price based on the volume weighted average market price across the four trading days from the ex-dividend date.

It’s important to note that shareholders need to confirm their DRP participation by 5pm on Thursday, 22 October 2026, if they wish to reinvest their dividends.

What’s next for WAM Income Maximiser?

WAM Income Maximiser remains focused on delivering regular, tax-effective income to shareholders through monthly, fully franked dividends. The ongoing DRP provides flexibility for investors seeking to accumulate more shares.

Looking ahead, the company will likely maintain its dividend strategy while monitoring market conditions and the performance of its investment portfolio.

WAM Income Maximiser share price snapshot

Over the past 12 months, WAM Income Maximiser shares have risen 4%, outperforming the S&P/ASX All Ords Index (ASX: XAO), which has risen 1% over the same period.

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The post WAM Income Maximiser announces fully franked October 2026 dividend appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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.

The HUB24 Ltd (ASX: HUB) share price is in focus today after the company announced record net inflows of $18.9 billion in FY26, up 20% on the prior comparable period (pcp), and total Funds Under Administration (FUA) hitting $164.3 billion, up 20% on pcp.

What did HUB24 report?

• Platform net inflows reached a record $18.9 billion, up 20% on pcp (excluding large migrations)
• Total FUA stood at $164.3 billion as at 30 June 2026, up 20% on pcp
• Platform FUA increased to $139.5 billion, up 24% on pcp
• PARS FUA was $24.8 billion, up 5% on pcp
• Active advisers using the platform rose to 5,649, up 11% on pcp
• Class Super accounts increased by 5% to 226,767; NowInfinity document orders rose 15%

What else do investors need to know?

The HUB24 Platform was ranked first for both quarterly and annual net inflows for the tenth consecutive quarter and retained the highest Net Promoter Score (NPS) in prominent industry surveys. Market share increased to 9.9% as at 31 March 2026, making HUB24 the sixth largest platform by FUA in Australia.

HUB24 continued to invest in innovation, launching its lifetime super solution in partnership with TAL, which expanded the range of retirement options for advisers and clients. The company also enhanced its Class and NowInfinity offerings, introducing AI-driven transaction matching and improved identity verification features.

During the quarter, 36 new licensee agreements were signed, reflecting HUB24’s expanding reach, and the number of advisers using its platform grew by 11% year on year.

What’s next for HUB24?

Looking ahead, HUB24 aims to build on its momentum by further investing in product innovation and adviser support. Plans include the pilot launch of ‘myhub’, an AI-powered advice ecosystem, in the first half of FY27.

Structural industry trends, such as strong demand for financial advice and evolving superannuation regulations, are expected to underpin ongoing growth. HUB24 says it is well positioned with a solid pipeline of new opportunities across both new and existing relationships.

HUB24 share price snapshot

Over the past 12 months, HUB24 shares have declined 18%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.

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The post HUB24 earnings: Record $18.9bn net inflows lift FUA appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24. The Motley Fool Australia has recommended Hub24. 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.

Alkane Resources Ltd (ASX:ALK) has built its cash pile to $432 million and is now proposing to pay a maiden dividend as a result.

Strong production bolsters balance sheet

The company said in a statement to the ASX that its cash holdings increased by $104 million for the quarter, allowing it to initiate the new capital management plan.

Alkane said it produced 42,491 ounces of gold equivalent for the quarter at an all-in sustaining cost of $3011 per ounce, bringing full year gold production to 168,337 ounces.

The company said it expected gold production for the current year to come in at 163,000-177,000 ounces of gold equivalent at an all-in sustaining cost of $2900-$3200 per ounce.

Managing director Nic Earner said it was a good end to the year for the company.

It has been another great quarter for Alkane, producing 40,949 ounces of gold and 456 tonnes of antimony (42,491 ounces of gold equivalent) over the full quarter, which places full year FY26 production at 168,337 ounces of gold equivalent, in the top half of guidance. Our site operating cashflow was $174 million for the quarter, resulting in a balance sheet with $454 million in cash, bullion and listed investments at quarter end. Reflecting this strong financial position and our confidence in the business, the Board has proposed Alkane’s first ever dividend of 2 cents per share, fully franked — a significant milestone for the Company and a tangible return to the shareholders who have supported our growth.

Exploration success building for the future

Alkane also recently announced more exploration success at its Costerfield operation in central Victoria.

The company said on 14 July it had drilled 91 holes targeting the Brunswick South Deposit and the drilling had identified a high-grade antimony and gold grade connection between the recently discovered gold dominant zone at depth and the historical surface workings.

The company added:

Drilling is continuing to identify extensions to the deeper gold dominant zone (Kiwi zone) with recent geological interpretation indicating the setting for mineralisation is similar to that of the Youle deposit currently being mined.

Mr Earner said regarding the results:

Focused extension and infill drilling at Brunswick South over the previous year has produced highly encouraging results. This newly defined deposit not only contains pockets of high gold endowment, but critically a significant quantity of antimony. Excitingly Brunswick South can be brought online without extensive access requirements as it is situated 200m from existing development. We are commencing development towards Brunswick South in the current quarter and are looking to establish it as a primary production source for Costerfield.

Alkane is valued at $1.78 billion.

The post This ASX gold miner has just proposed a maiden dividend payment appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England 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.