Highlights
- GC1 is set to trade ex-dividend on 14 September 2026, just 3 days from now.
- The company will pay a final Dividend of $0.02 per share, fully franked at 100%.
- The dividend is scheduled to be paid on 30 September 2026.
- GC1 shares last traded at $0.42.
Glennon Small Companies Ltd (ASX:GC1) is approaching its ex-dividend date on 14 Sep 2026, just 3 days away. The company will pay a final dividend of $0.02 per share, franked at 100%, with payment scheduled for 30 Sep 2026. Shares last traded at $0.42. Glennon Small Companies is a listed Investment company (LIC) that invests in a concentrated portfolio of ASX-listed companies outside the S&P/ASX 100, aiming to identify growth opportunities among small and emerging businesses on the Australian share market.
Latest Development
Glennon Small Companies reported FY26 results for the year ended 30 June 2026, with the investment portfolio recording a return of -7.77% compared with the S&P/ASX Small Ordinaries index gain of 8.11%. The company reported a loss after tax of $3.07 million, reflecting weaker portfolio performance during the period. GC1 continues to focus on investing in listed companies outside the S&P/ASX 100.
Catalysts to Watch
- Any improvement in relative portfolio performance against the S&P/ASX Small Ordinaries Index
- Stock selection outcomes within the small-cap segment of the ASX
- Broader sentiment and Liquidity conditions across small-cap equities
- Portfolio repositioning or changes in investment strategy
- Movements in the company's net Tangible Asset backing
Risks
- Continued underperformance relative to the small-cap benchmark
- Concentration risk given the portfolio's focus on a limited number of holdings
- Volatility inherent in small-cap equities compared with larger, more liquid stocks
- General market conditions affecting investor appetite for small-cap LICs
- Discount or premium fluctuations between share price and net tangible assets
Conclusion
As Glennon Small Companies (ASX:GC1) approaches its ex-dividend date, income-focused shareholders will be assessing the payout alongside a challenging FY26 performance period for the portfolio. The company's ability to narrow the gap with its benchmark will remain a key focus going forward.






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