Dicker Data (ASX:DDR): This Stock Goes Ex-Dividend Tomorrow: What Investors Should Know

Sonal Goyal

13 August 2026 05:55 PM AEST

Dicker Data (ASX:DDR): This Stock Goes Ex-Dividend Tomorrow: What Investors Should Know

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KEY HIGHLIGHTS

Final Dividend of 11.5 cents per share declared, fully franked, with ex-dividend date of August 14, 2026
Full-year FY2025 dividends total 44.5 cents per share, up 1.1% from prior year, reflecting Earnings growth
Dividend payment scheduled for September 1, 2026, following Record Date August 17, 2026
Revised dividend payout policy targets 80% to 100% of net profit after tax commencing FY2026, providing progressive distribution framework

Dicker Data Limited (ASX:DDR) has declared a final dividend of 11.5 cents per share, fully franked, as the technology distributor reports strong financial performance for FY2025. The distribution marks the last dividend under the previous payout framework and represents the culmination of a year characterised by Revenue growth exceeding market guidance and expansion across software and artificial intelligence infrastructure categories.

Ex-Dividend Date and Payment Timeline

The final dividend is payable to shareholders recorded on the register as at the record date of August 17, 2026, with the ex-dividend date set for August 14, 2026. Investors must hold shares before August 14 to be entitled to the distribution. The dividend will be paid to eligible shareholders on September 1, 2026. The August 14 ex-dividend date provides investors with approximately one week to make Investment decisions regarding whether to hold shares through the record date. Those who have held Dicker Data shares throughout the year will be entitled to receive the final 11.5 cent dividend, completing their participation in the company's FY2025 dividend distributions.

Full-Year Dividend and Progressive Distribution Policy

The final dividend of 11.5 cents brings Dicker Data's total FY2025 dividend to 44.5 cents per share, representing a 1.1% increase from the prior year's total of 44.0 cents. This progressive dividend growth reflects the company's underlying earnings expansion and commitment to returning Capital to shareholders on a regular basis. Dicker Data has transitioned to a revised dividend payout policy commencing in FY2026 that targets distributions between 80% and 100% of net profit after tax, subject to the company's cash requirements and capital adequacy. This flexible framework maintains minimum certainty for shareholders through the 80% floor whilst allowing management discretion regarding the timing and magnitude of distributions.

Fully Franked Distribution Supporting Shareholder Returns

The 11.5 cent final dividend is fully franked, meaning the distribution carries franking credits equal to the corporate tax paid by Dicker Data at the Australian tax rate. For Australian resident shareholders, these franking credits provide additional value by reducing the after-tax cost of the dividend income. The fully franked nature of Dicker Data's dividend reflects the company's operational structure as an Australian-based tax resident enterprise paying Australian corporate income tax. This tax-efficient distribution framework is particularly valuable for shareholders in lower tax brackets and retirement phase investors with no assessable income, who can benefit from refundable franking credits.

Earnings Support and Capital Generation

The dividend announcement is underpinned by Dicker Data's FY2025 net profit after tax of $85.6 million, up 8.8% from the prior year. Net operating profit before tax increased 10.1% to $124.7 million, demonstrating the company's ability to expand earnings despite challenging market conditions and competitive intensity. Gross revenue reached $3.876 billion, up 14.9% and exceeding the company's own guidance range, driven by strong Demand for software subscriptions, the Windows 10 end-of-support refresh cycle, and emerging artificial intelligence infrastructure opportunities. The combination of revenue growth and disciplined cost management supported earnings expansion that underpins the dividend distributions.

Dividend Reinvestment Plan and New Framework

Dicker Data introduced a discount for shareholders participating in the Dividend reinvestment Plan commencing in FY2026, calculated in accordance with DRP rules less 1.0% discount. The DRP provides shareholders with the option to reinvest dividend distributions in additional company shares, compounding their ownership stake without incurring brokerage fees. The introduction of the DRP discount enhances the value proposition for long-term shareholders seeking to build their investment position through automatic dividend reinvestment. This pricing mechanism reflects the company's recognition of the benefits provided by DRP participants and encourages continued participation in the plan.

Strategic Positioning and Growth Trajectory

Dicker Data's dividend announcement occurs against the backdrop of strategic positioning in rapidly expanding technology categories. Software revenue surpassed $1 billion during FY2025, representing 30% of total revenue and increasing 21.0% year-on-year. Endpoint solutions category revenue increased 18.9%, supported by demand for artificial intelligence-capable devices. The company's progression as a key enabler of artificial intelligence adoption across Australia and New Zealand, combined with expansion of strategic vendor partnerships and enhancement of its AI infrastructure capabilities, positions it to participate in structural growth opportunities as organisations accelerate digital transformation and AI implementation.

Conclusion

Dicker Data's announcement of an 11.5-cent fully franked final dividend, payable September 1, 2026, following the August 14 ex-dividend date, reflects the company's strong FY2025 financial performance and commitment to progressive capital returns to shareholders. The full-year dividend of 44.5 cents represents a 1.1% increase from the prior year, supported by revenue growth exceeding guidance and earnings expansion across key Business segments. The revised dividend policy commencing FY2026 provides investors with greater certainty through its 80% minimum payout framework whilst allowing flexibility for management to optimise capital allocation. For investors seeking fully Franked Dividend income from a company positioned in expanding software and AI infrastructure markets, the upcoming dividend represents an attractive opportunity before the August 14 ex-dividend cutoff.

FAQs

Q: When is the last date to purchase Dicker Data shares to receive the final dividend?

A: The ex-dividend date is August 14, 2026. Investors must purchase shares before this date to be entitled to the final dividend of 11.5 cents per share. Shares purchased on or after August 14 will not carry dividend entitlement.

Q: What is the payment date for the final dividend?

A: The final dividend is scheduled to be paid on September 1, 2026, to shareholders recorded on the register as at the record date of August 17, 2026.

Q: How has the dividend payout policy changed in FY2026?

A: Dicker Data has transitioned to a revised payout framework targeting between 80% and 100% of net profit after tax commencing FY2026, subject to capital requirements. This provides a minimum 80% payout floor ensuring shareholder certainty whilst allowing management flexibility for capital allocation based on business needs.

Q: What benefits does the Dividend Reinvestment Plan offer?

A: The DRP allows shareholders to reinvest dividends in additional Dicker Data shares without brokerage fees. Commencing FY2026, the company introduced a 1.0% discount on the DRP pricing, enhancing value for participating shareholders and encouraging long-term share accumulation.

Q: How does the revenue growth support the dividend distribution?

A: Dicker Data's FY2025 revenue increased 14.9% to $3.876 billion, exceeding guidance, with net profit after tax up 8.8% to $85.6 million. This earnings expansion directly supports the 1.1% dividend increase and provides the financial foundation for the company's increased payout policy commencing FY2026.

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