Highlights

  • IPH declared a 19.5-cent final FY2026 dividend, franked at 30%.
  • Total FY2026 dividends were 38.5 cents per share, up 5.5% year on year.
  • FY2026 statutory net profit reached AUD 80.4 million, up 16.9%.
  • The final Dividend was payable on 22 September 2026, with a 28 August record date.

IPH Limited (ASX:IPH) provides intellectual property services through member firms operating across Australia, New Zealand, Asia and Canada, including Patent and trade mark filing and portfolio management. Its FY2026 reporting placed the annual dividend alongside a rise in statutory profit and changes in the geographic mix of earnings. IPH shares closed at AUD 4.09 on 5 November 2026. The FY2026 final dividend was 19.5 cents per share, with 30% franking confirmed in the company’s announcement.

FY2026 Dividend and Payment Timetable

IPH Limited (ASX:IPH) declared a final ordinary dividend of 19.5 cents per share for the year ended 30 June 2026. The ex-dividend date was 27 August, the Record Date was 28 August and the payment date was 22 September 2026. The final dividend carried 30% franking at the applicable corporate tax rate. The final amount matched the prior-year final dividend, while total FY2026 Ordinary Dividends increased to 38.5 cents per share from 36.5 cents.

Earnings and Cash Flow Behind Distributions

For FY2026, IPH reported Revenue of AUD 712.8 million, an increase of 0.4% year on year, and underlying EBITDA of AUD 205.9 million, down 0.6%. Statutory net profit after tax increased 16.9% to AUD 80.4 million. Underlying NPATA, which excludes specified non-cash Amortisation of acquired intangible assets, rose 1.7% to AUD 122.7 million. These measures capture different aspects of the group's financial position and should not be used interchangeably when examining dividend coverage.

The company reported a 110% underlying EBITDA-to-operating gross cash-flow conversion ratio. At 30 June 2026, net Debt was AUD 316.5 million compared with AUD 339.3 million at 31 December 2025. Its reported Leverage Ratio remained 1.8 times. Cash generation matters to dividend capacity because accounting Earnings may include non-cash items, while repayments, Working Capital and other commitments require actual cash resources. IPH Limited (ASX:IPH) also reported an on-market buy-back during 2026, with 5.4 million shares repurchased by 30 June at a total cost of AUD 18.7 million.

Regional Conditions and Updated Payout Policy

The group's FY2026 revenue mix reflected growth in Canada, including acquisition-related contributions, offset by a decline in Australia and New Zealand. On a like-for-like basis adjusted for acquisitions and currency, group underlying EBITDA increased 2.9%. Management highlighted corporate cost savings and the effect of a stronger Australian dollar on reported earnings. Its international footprint creates exposure to differences in filing activity, customer Demand and exchange rates across intellectual property jurisdictions.

For FY2026, the board described a dividend policy targeting 80%–90% of cash-adjusted NPAT. From FY2027, it adopted a new payout range of 70%–90% of statutory EPSA, a different measure. That change provides a defined basis for monitoring future declarations but does not make subsequent dividends automatic. IPH Limited (ASX:IPH) remains exposed to changes in intellectual property filings, Acquisition integration, operating costs and currency movements that can affect future earnings and free cash generation.

What to Watch Following FY2026

Subsequent reporting will show whether regional growth and cost management affect Underlying Profit and the resources available for Shareholder distributions. The FY2027 payout policy will also become more informative when paired with the next period's statutory EPSA and any declared dividend. Neither the policy range nor the FY2026 total should be treated as a fixed future cash entitlement.

Key Insights

IPH Limited (ASX:IPH) paid a 19.5-cent final FY2026 dividend with 30% franking, taking annual dividends to 38.5 cents per share. Higher statutory profit, cash conversion and lower net debt form part of the 2026 financial context. Its revised FY2027 payout measure is an important point for future reporting.