Qantas Airways (ASX:QAN) trades ex-dividend on 15 September 2026 following the release of its FY2026 financial results in August. The airline declared a fully franked final Dividend of 19.8 cents per share, representing a total distribution of approximately AUD 300 million.

The dividend follows a financial year in which Qantas reported higher Revenue but lower underlying and statutory Earnings compared with FY2025.

Dividend Details

Qantas declared a fully franked FY2026 final dividend of 19.8 cents per share.

The shares trade ex-dividend from 15 September 2026, with the Record Date set for 16 September 2026. The dividend is scheduled to be paid on 14 October 2026.

Shareholders acquiring Qantas shares from the ex-dividend date do not receive an entitlement to this final distribution.

The final dividend follows the fully franked FY2026 Interim Dividend of 19.8 cents per share that was paid on 15 April 2026. This brings base dividends declared for FY2026 to 39.6 cents per share.

Ex-Dividend Trading

An ex-dividend date determines whether shares purchased in the market carry entitlement to an upcoming dividend.

Once a security begins trading ex-dividend, new buyers no longer receive the declared distribution. Share prices can consequently adjust around the ex-dividend date to reflect the removal of the dividend entitlement, although actual market movements can also be affected by broader trading conditions and company-specific developments.

For Qantas Airways, the relevant final dividend entitlement changed when the shares commenced ex-dividend trading on 15 September 2026.

FY2026 Results

Qantas reported revenue and other income of AUD 25.52 billion for FY2026, compared with AUD 23.82 billion in FY2025.

Underlying profit before tax was AUD 2.06 billion, down AUD 330 million from AUD 2.39 billion in the previous financial year.

Statutory profit after tax declined to AUD 1.29 billion from AUD 1.61 billion in FY2025.

Statutory Earnings Per Share were 85.4 cents, compared with 105.2 cents in the prior year. Underlying earnings per share were 96 cents.

The Group recorded an Operating Margin of 9.2% and Operating Cash Flow of approximately AUD 3.9 billion during FY2026.

Operating Conditions

Qantas reported that travel Demand supported Group capacity growth during FY2026, while freight revenue and Qantas Loyalty earnings also contributed to the year's performance.

The company said its second-half result was affected by the Middle East conflict, primarily through higher fuel costs. Qantas estimated the net impact on Group underlying EBIT at approximately AUD 420 million during the second half.

The Group also took delivery of 17 new aircraft during FY2026 as part of its ongoing fleet renewal program.

Group net Capital Expenditure amounted to approximately AUD 4.0 billion for the financial year.

Capital Management

Qantas Airways also updated its capital-management plans alongside its FY2026 results.

In February 2026, the company had announced an on-market share buy-back of up to AUD 150 million. The buy-back did not commence during FY2026.

On 27 August 2026, Qantas confirmed that it would not proceed with the program. The company linked the decision to the impact of fuel-price Volatility associated with the Middle East conflict and the resulting change in surplus capital availability.

The final FY2026 dividend therefore represents the Shareholder distribution approved alongside the August full-year results.

FY2027 Operations

Following the FY2026 result, Qantas continues to operate across its domestic, international, Jetstar, freight and loyalty businesses.

Its operating environment remains influenced by passenger demand, available capacity, aircraft deliveries, fuel prices and international operating conditions.

The 15 September 2026 ex-dividend date represents the next stage of the FY2026 final dividend timetable, with the record date following on 16 September and payment scheduled for 14 October 2026.