Highlights

  • Amotiv (ASX:AOV) will trade ex-dividend for its final Dividend on 15 September 2026.
  • FY26 Revenue increased 2.7% to A$1.024 billion, with underlying EBITA rising 1.6% to A$195.1 million.
  • Strong cash conversion of 93.1% helped reduce Leverage to 1.85 times.
  • The board declared a 23-cent fully franked final dividend, taking the full-year dividend to 43 cents.

Amotiv Ltd (ASX:AOV) is set to trade ex-dividend on 15 September 2026, as the company advances toward payment of its final dividend of $0.23 per share, franked at 100%. Investors who wish to be entitled to this final dividend must hold shares in Amotiv Ltd before the stock begins trading ex-dividend. This upcoming payment comes amid a period of notable developments for the company, making it a relevant one for income-focused investors to watch as the ex-dividend date approaches.

About Amotiv Ltd

Amotiv Ltd (ASX:AOV), formerly known as GUD Holdings, is a diversified automotive aftermarket and adjacent products company operating across Australia, New Zealand and international markets. The company owns a portfolio of well-recognised automotive parts and accessories brands, supplying components, 4x4 accessories and other aftermarket products to trade, retail and original equipment customers. Amotiv has pursued a strategy of portfolio consolidation and integration under its "Amotiv Unified" operating model, aiming to simplify its Brand structure and drive efficiencies across its Australian and New Zealand automotive aftermarket operations, while also expanding its presence in offshore markets.

Latest Development

Amotiv delivered resilient FY26 results despite challenging trading conditions, with revenue increasing 2.7% to A$1.024 billion and underlying EBITA rising 1.6% to A$195.1 million. Strong cash conversion of 93.1% helped reduce leverage to 1.85 times while supporting A$74.8 million of Shareholder returns. The board declared a 23-cent fully franked final dividend, taking the full-year dividend to 43 cents. Management expects modest FY27 revenue and EBITA growth, with offshore expansion, pricing initiatives and Amotiv Unified benefits helping offset subdued conditions in Australia and New Zealand.

Key Risks to Consider

Amotiv's core automotive aftermarket Business is sensitive to broader consumer discretionary spending trends and vehicle usage patterns in Australia and New Zealand, both of which have shown signs of softness. The company's offshore expansion strategy carries execution and integration risk as it seeks growth outside its core domestic markets. Input cost pressures, including shipping, component and labour costs, can also affect margins if they cannot be fully passed through via pricing. The ongoing implementation of the Amotiv Unified operating model, while intended to drive efficiencies, involves organisational change that could present short-term disruption risk.

Conclusion

Amotiv's ex-dividend date follows a resilient FY26 performance in the face of subdued domestic trading conditions, underpinned by disciplined cost management and strong cash conversion. The fully franked final dividend and reduced leverage reflect a Balance Sheet in solid shape heading into FY27. Investors should consider the softer near-term Demand backdrop in Australia and New Zealand against the potential offsetting benefits of offshore growth and the Amotiv Unified integration program when assessing the stock's outlook.

Disclaimer: This article is for general informational purposes only and does not constitute financial or Investment advice. Ex-dividend dates, dividend amounts and franking levels are subject to change; investors should verify current details directly with the ASX or the company before making investment decisions.