Key Highlights

  • Dominion Income Trust 1 (ASX:DN1) reported a Market Capitalisation of $344.27 million and 3,450,000 shares on issue.
  • The trust's most recent Interim Dividend was $0.663 per unit, down from $0.705 recorded two months earlier.
  • DN1 reported an annual Yield of 7.35%, with 0% franking on its distributions.
  • Fundamental metrics including P/E ratio, EPS, Revenue and net profit were listed as unavailable at the time of this review.

Trust Overview

Dominion Income Trust 1 (ASX:DN1) is a listed Investment trust that has traded on the ASX since 4 March 2025. The trust reported a market capitalisation of $344.27 million, with 3,450,000 shares on issue and an ISIN of AU0000381113, categorised under ordinary units fully paid.

Financial Disclosure

At the time of this review, several standard fundamental metrics for DN1, including P/E ratio, earnings per share, revenue, net profit, price-to-free-cash-flow ratio and free Cash Flow yield, were reported as unavailable, which is not uncommon for listed investment trusts whose structure differs from operating companies in how financial results are presented.

Distribution History

DN1 distributed on an interim basis, with an annual yield of 7.35% reported and franking at 0%. Recorded distribution amounts moved from $0.642 in April 2026 to $0.626 in May, $0.705 in June, $0.598 in July and $0.663 in August, indicating a decline in the most recent monthly figure compared with June's $0.705 despite a modest rise from July's $0.598.

The most recent ex-date, Record Date and pay date were 12 August, 13 August and 20 August 2026 respectively.

Governance and Management

DN1's Leadership includes Michael J. O'Brien as Managing Director and CEO, alongside directors Russell Beasley, Andrew Godfrey, Johanna Platt and David Warren, with Neill McVity serving in Investor relations and Samantha Einhart as company secretary. The trust's registered office is located in Melbourne, Victoria, with Boardroom Pty Limited acting as share registry. Recent announcements included the release of the trust's 2026 Annual Report and a statement confirming no exposure to Bathla Group.

Conclusion

Dominion Income Trust 1's data highlights a distribution-focused listed vehicle with a market capitalisation of $344.27 million and an annual yield of 7.35%, though several conventional company fundamentals remain undisclosed, consistent with its structure as an income trust rather than an operating company. Its distribution history shows some month-to-month variability, most recently declining slightly from June's $0.705 level, and its governance structure includes a defined board and management team overseeing the trust's operations.