Highlights

  • Bank of Queensland Capital Notes 3 (ASX:BOQPG) is scheduled to trade ex-dividend on 28 August 2026.
  • The interim distribution is AUD 1.388 per security, with 100% franking, and payment is scheduled for 15 September 2026.
  • At the provided price of AUD 104.761, the stated Dividend yield is 1.32%.
  • BOQPG represents Bank of Queensland Capital Notes 3, a hybrid security rather than BOQ ordinary shares.

Bank of Queensland Capital Notes 3 (ASX:BOQPG) is approaching its next ex-dividend date with income investors focused on both the upcoming distribution and the operating backdrop supporting it. As of 26 August 2026, the security was priced at AUD 104.761, while the upcoming interim payment is AUD 1.388 per security. With the ex-date set for 28 August 2026 and payment scheduled for 15 September 2026, the dividend timetable arrives alongside recent company reporting that provides a clearer view of earnings, Cash Flow and the capacity for future distributions.

BOQPG Dividend: Key Dates and Payment Details

The upcoming interim distribution is AUD 1.388 per security and carries 100% franking. The security is due to trade ex-dividend on 28 August 2026, meaning buyers from that date would generally not be entitled to this declared payment. The scheduled payment date is 15 September 2026.

Based on the supplied price of AUD 104.761, the stated yield for this payment is 1.32%. Dividend Yield alone does not determine total return, but it can be useful when considered alongside Earnings quality, cash generation, balance-sheet capacity and the company’s broader distribution policy.

Recent Company Update

BOQPG represents Bank of Queensland Capital Notes 3, a hybrid security rather than BOQ ordinary shares.

At 28 February 2026, BOQ had 4 million Capital Notes 3 outstanding.

The notes form part of BOQ’s Additional Tier 1 capital and are subject to discretionary distribution and conversion terms.

Why the Latest Update Matters for the Dividend

A dividend becomes more meaningful when it is considered against the Business performance behind it. Earnings, cash conversion, balance-sheet flexibility and capital requirements all influence whether a company can maintain, increase or reduce future payments. Recent results therefore provide context for the current distribution rather than serving as a guarantee of future dividends.

BOQ’s capital ratios, regulatory requirements, distribution conditions and the specific terms of Capital Notes 3 are the key factors to monitor.

What Could Drive the Shares and Dividend Next?

BOQ’s capital ratios, regulatory requirements, distribution conditions and the specific terms of Capital Notes 3 are the key factors to monitor.

The next reporting period will provide another test of whether current operating trends are converting into sustainable cash generation. Investors are also likely to watch any changes to capital allocation, payout policy, Debt levels and forward guidance.

Key Risks to Watch

Capital-note holders face discretionary distribution risk, conversion or loss-absorption provisions, interest-rate sensitivity and market-price volatility.

Dividends and distributions are not guaranteed. Boards can change payout decisions as earnings, capital needs, regulatory requirements or market conditions evolve. The share price can also adjust around the ex-dividend date and for reasons unrelated to the cash payment itself.

Bank of Queensland Capital Notes 3 Dividend Outlook

The upcoming AUD 1.388 interim distribution gives Bank of Queensland Capital Notes 3 shareholders a defined near-term income event, with 100% franking and payment due on 15 September 2026. Beyond that payment, the more important question is whether operating performance can support the next distribution cycle. BOQ’s capital ratios, regulatory requirements, distribution conditions and the specific terms of Capital Notes 3 are the key factors to monitor. Continued progress would improve visibility over future income, while weaker earnings or higher capital demands could alter the payout profile.