Virgin Australia Holdings Ltd (ASX: VGN) shares are in the green on Friday after the airline released its FY26 results.

At the time of writing, the Virgin share price is up 2.14% to $2.87.

There were plenty of numbers for investors to unpack, with earnings and revenue both moving higher during the year.

However, income investors may be paying particularly close attention to one part of the result.

Virgin Australia has declared its first dividend since returning to the ASX last year.

So, how much will shareholders receive?

Virgin Australia declares a fully-franked dividend

Virgin has declared a fully-franked dividend of 7.6 cents per share for FY26.

It’s a notable moment for shareholders, with this being the airline’s first dividend since returning to the ASX last year.

At the current share price of $2.87, the payment works out to a yield of almost 3% before franking credits.

The company said the dividend follows its capital allocation framework, which focuses on keeping the balance sheet strong and funding the business first.

Virgin Australia finished FY26 with net debt of $1.2 billion and leverage of 0.9 times underlying EBITDA, below its target range of 1 to 2 times.

It also had $1.84 billion in cash, cash equivalents, and term deposits at the end of June.

When will Virgin Australia pay its dividend?

Virgin shares are locked in to trade ex-dividend on 14 September.

The record date will follow on 15 September, with the dividend due to be paid one month later on 15 October.

And because it is fully franked, shareholders can also benefit from franking credits.

What did Virgin Australia report?

The airline delivered a stronger result in FY26, with underlying EBIT rising 13.4% to $753 million.

Underlying net profit after tax (NPAT) increased 21.9% to $404 million, while statutory NPAT rose 4.7% to $501 million.

Underlying revenue increased 8.1% to $6.28 billion, helped by strong customer demand and growth across both the airline and Velocity businesses.

Virgin Australia’s airline segment reported underlying EBIT of $616 million, up 15.2%, while Velocity EBIT increased 12.3% to $143 million.

Operating cash flow also came in at $1.3 billion for the year.

What’s next on the horizon?

Seeing dividends return is another positive for shareholders since Virgin Australia relisted.

Looking ahead, the company said demand and forward bookings remain strong, although first-half FY27 underlying EBIT is expected to be relatively flat.

Domestic capacity is expected to fall by around 3% during the half, while revenue per available seat kilometre is forecast to rise 6% to 8%.

If earnings keep moving in the right direction, shareholders could have more dividends to look forward to.

The post Virgin Australia shareholders are getting a dividend. Here’s how much appeared first on The Motley Fool Australia.

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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.

Shares in Bubs Australia Ltd (ASX: BUB) are down almost 50% over the past 12 months, but if the brokers are to be believed, the shares are about to make a comeback.

Both Bell Potter and Shaw and Partners have released new research reports on the baby formula company, and each is predicting solid share price gains.

I’ll get to the specifics of their share price targets shortly. First, let’s look at the company’s recent full-year report.

Profits on the rise

Bubs said in its report released this week that full-year revenue had increased 9.2% to $111.9 million, while underlying EBITDA came in at $5.3 million, up from $2.1 million.

Bubs Chief Executive Officer Joe Coote said of the result:

FY26 marked important progress against our growth strategy, delivering revenue growth of 9% and strengthening the foundations for future growth. This was driven by continued momentum in the United States, where revenue increased 24% as we expanded distribution to more than 10,000 stores across targeted retail formats. During the year we rebuilt inventory levels, expanded distribution channels, launched adjacent products, increased brand investment and strengthened our leadership team to support future growth. This progress was achieved despite a challenging operating environment, with changing tariff policies, geopolitical disruption and evolving regulatory requirements increasing supply chain costs and affecting product availability, particularly in the second half.

The company said it expected improved momentum in the first half of FY27, with strong growth expected in the US, growth expected in China supported by expanded distribution and marketing, and continued marketing investment in Australia to accelerate recovery.

The company added:

Gross margin is expected to rebound, with working capital positioned to support the anticipated growth.

Bubs Australia shares looking cheap

Shaw and Partners said the results were largely in line with expectations, and the current year would be driven by growth in the US.

They said:

Our key investment thesis remains centred on the US business, where revenue grew 24% to $65.8 million and distribution expanded to over 10,000 stores, while management expects growth and margin recovery in FY27 as regulatory and tariff headwinds ease and permanent FDA approval progresses. Following the result, we have reduced our DCF valuation from $0.16/s to $0.15/s, reflecting forecast revisions and model roll-forward, but maintained our buy rating given the forecast 74% total shareholder return potential and confidence in the company’s medium-term growth outlook.

Bell Potter has a price target of 13.5 cents on Bubs shares, compared to 8.6 cents currently.

Bubs is valued at $76.9 million.

The post How high do brokers think Bubs Australia shares will go? 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.

DroneShield Ltd (ASX: DRO) shares have had a rough year.

The stock is down almost 50% since the start of 2026, even though the underlying business is still growing strongly.

For patient investors comfortable with plenty of volatility, I think that disconnect is becoming attractive.

Growth is still there

DroneShield’s latest half-year result was a little softer than I had hoped in some areas, particularly given the expectations that had built around the company.

But I do not think the bigger picture has changed.

First-half revenue reached $125.8 million, up 74% on the prior corresponding period. Recurring revenue also grew strongly, although it remains a relatively small part of the overall business.

That tells me demand for DroneShield’s counter-drone technology is still expanding quickly.

The company operates in a market that has become much more important in recent years. Drones are playing a growing role in modern warfare, while governments are also looking for better ways to protect military bases, airports, infrastructure, and other sensitive locations.

I think spending on counter-drone technology could remain elevated for a long time.

I am looking much further ahead

The main reason I would consider buying after the fall is that I think DroneShield could be a considerably larger company in 10 years.

It is still building out manufacturing capacity, expanding internationally, and investing in new hardware and software.

That is important because counter-drone technology will not stand still. Threats will keep changing, so customers will need systems that can be upgraded and improved rather than equipment that quickly becomes outdated.

DroneShield has spent years specialising in this field, and I think that focus gives it a chance to remain relevant as the market develops.

If it keeps winning larger contracts and builds deeper relationships with defence and security customers, today’s business could eventually look quite small.

The share price will probably remain volatile

I would not treat the 50% decline as proof that DroneShield shares are automatically cheap.

DroneShield remains a high-risk growth investment and trades on a very high P/E ratio.

Defence contracts can arrive unevenly, procurement processes can take longer than expected, and competition is increasing as more companies target the counter-drone market.

The company is also investing heavily for future growth, which means results may not progress neatly from one period to the next.

That is why I would keep any position relatively small and only invest money I was prepared to leave in the shares through potentially sharp moves in either direction.

Foolish takeaway

Yes, I think DroneShield shares are worth considering after falling around 50% in 2026.

The latest performance was not perfect, but the company is still delivering strong growth in a market with substantial long-term potential.

For investors willing to ride out the volatility, I think the current weakness could prove to be an opportunity if DroneShield becomes the much larger defence technology business I believe it can be over the next decade.

The post Are DroneShield shares a buy after dropping almost 50% in 2026? appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has positions in DroneShield. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield. 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.