Benjamin Hornigold Limited (ASX:BHD) has disclosed its unaudited Net Tangible Asset (NTA) per share for the month ending 31 October 2026, recording a pre-tax NTA of 27.39 cents per share, with the gross portfolio return for the month recorded at negative 0.31%.
Key Points
- Unaudited NTA before tax as at 31 October 2026 was 27.39 cents per share, noted as ex-dividend
- Gross portfolio return for the month was negative 0.31%
- NTA excludes 8.5 cents per share of estimated unrecognised deferred tax assets comprising prior years' and current year's tax losses at 25%
- A fully franked dividend of 6.2 cents per share, payable 18 November 2026, impacted the monthly NTA figure
October 2026 NTA Per Share Details
According to the filing, Benjamin Hornigold Limited reported an unaudited NTA before tax of 27.39 cents per share as at 31 October 2026, flagged as ex-dividend. The NTA figure excludes 8.5 cents per share of estimated unrecognised deferred tax assets, which are comprised of prior years' and current year's tax losses calculated at a rate of 25%. The company stated that the gross portfolio return for the month was negative 0.31%. The filing was dated 13 November 2026 and signed by Chairman and Company Secretary Michael Glennon.
Fully Franked Dividend Impact on October NTA
The filing noted that the Board declared a fully franked dividend of 6.2 cents per share, as announced to the market on 15 October 2026. The dividend is payable to eligible shareholders on 18 November 2026. The company stated that because the dividend was declared on 15 October 2026, the NTA for the month of October has been impacted by the dividend payable, which is reflected in the ex-dividend notation applied to the 31 October 2026 NTA figure of 27.39 cents per share.
Significant Portfolio Holdings as Disclosed
The filing disclosed several significant holdings within the company's portfolio. Cordish Dixon Funds I, II and III represented the largest disclosed allocation at 12.96%, categorised under a Deep Value and Discount Capture strategy. Navigator Global Investments accounted for 5.96% under a Deep Value strategy. Healthco Healthcare and Wellness REIT represented 5.37%, also classified as Deep Value, with the filing noting uncertainty around major tenant Healthscope. Humm Group Ltd represented 2.39%, described as a profitable non-bank lender trading below book value. The filing stated there may be other large holdings that remain undisclosed.



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