Challenger (ASX:CGF) Nears Ex-Dividend Date with 17.5-Cent Fully Franked Final Payout

Aditi Sarkar

24 August 2026 07:03 PM AEST

Challenger (ASX:CGF) Nears Ex-Dividend Date with 17.5-Cent Fully Franked Final Payout

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Highlights

Challenger is due to trade ex-dividend on 25 August for a 17.5-cent final payout.
The distribution is fully franked and is scheduled for 17 September 2026.
The payment includes a 16-cent ordinary final Dividend and a 1.5-cent special dividend.
FY26 normalised NPAT increased 3% to AUD 468 million.

Challenger Ltd (ASX:CGF) is moving towards its FY26 final-dividend ex-date with a 17.5-cent fully franked distribution that includes both ordinary and special components. The stock is due to trade ex-dividend on 25 August, with payment scheduled for 17 September. At AUD 9.64, the payout carries an indicated Yield of 1.82%. The distribution follows higher normalised profit, rising Annuity sales and further capital-management initiatives.

Final and Special Dividends Combine for 17.5 Cents

Challenger’s payout consists of a 16-cent ordinary final dividend and a 1.5-cent special dividend. Both are fully franked.

The payment is scheduled for 17 September 2026. Together with the 15.5-cent interim ordinary dividend, Challenger’s FY26 Ordinary Dividends total 31.5 cents per share.

FY26 Profit and Annuity Sales Move Higher

Normalised NPAT increased 3% to AUD 468 million, while statutory NPAT reached AUD 506 million.

Normalised Earnings Per Share rose to 68.1 cents, and annuity sales increased 19% to AUD 6.2 billion.

Capital Position Supports Additional Returns

Challenger reported more than AUD 1.1 billion of excess Capital during FY26.

Alongside the special dividend, the company has been undertaking on-market share buy-backs, adding another component to Shareholder capital returns.

What Could Drive Challenger Shares Next?

Annuity sales, Investment returns, capital requirements and retirement-income Demand will remain central to future earnings.

The company’s capital position will also influence whether additional buy-backs or special distributions remain available.

Challenger Outlook

Challenger’s 17.5-cent final payout combines a fully franked ordinary dividend with a special distribution. Higher annuity sales, normalised earnings growth and excess capital provide the current base for shareholder returns, while future distributions will depend on earnings and capital deployment.

FAQs

Q: What is Challenger’s FY26 final payout?

A: The total final payout is 17.5 cents per share.

Q: What does the 17.5-cent payment include?

A: It includes a 16-cent ordinary final dividend and a 1.5-cent special dividend.

Q: When is CGF ex-dividend?

A: The ex-dividend date is 25 August 2026.

Q: Is the payment franked?

A: Yes. The distribution is fully franked.

Q: When will Challenger pay the dividend?

A: Payment is scheduled for 17 September 2026.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.