Highlights

  • Judo Capital Notes have an upcoming distribution scheduled for 16 November 2026.
  • The ex-distribution date is 5 November 2026, followed by a 6 November record date.
  • The announced quarterly amount is AUD 1.92095 per note, rounded to $1.921 in the dividend calendar.
  • The distribution is fully franked, with payment subject to the notes’ stated conditions.
  • JDOPA is a hybrid capital security, distinct from Judo Capital’s ordinary shares.

Judo Capital Holdings Limited operates Judo Bank, an Australian bank focused on lending and banking services for small and medium-sized businesses. Its Judo Capital Notes (ASX:JDOPA) have a forthcoming quarterly distribution shown at $1.921 per security with 100% franking as at 30 October 2026. The notes are scheduled to trade ex-distribution on 5 November, with the payment date set for 16 November 2026. The ASX announcement specifies an unrounded amount of AUD 1.92095 per note.

Distribution Timetable and Terms

Judo Capital Holdings notified the market of the distribution on 17 August 2026. The payment relates to the quarterly period ending 15 November 2026, with a record date of 6 November. For Judo Capital Notes (ASX:JDOPA), the ex-distribution date precedes the record date by one business day. Purchases made on or after the ex-date generally do not carry entitlement to that scheduled distribution.

The upcoming payment is not an ordinary-share dividend. JDOPA is a perpetual, non-cumulative capital note and its distribution is subject to the issuer’s absolute discretion and the absence of a payment condition. The formal notice therefore describes a scheduled distribution rather than an unconditional obligation to pay. Those terms distinguish the notes from ordinary deposit products and ordinary shares.

How the Notes’ Distribution Is Calculated

The announced distribution rate is based on the three-month bank bill swap rate plus a margin of 6.50 percentage points per annum. For the relevant period, the ASX notification states a base rate of 4.5070% and a 91-day distribution period. This floating-rate design means the amount for one quarterly period need not be identical to a later period.

Judo Capital Notes (ASX:JDOPA) form part of the banking group’s regulatory capital structure. As hybrid instruments, their contractual features can affect payments and capital outcomes. Their market value may also vary independently of the amount of a scheduled distribution. The security code JDOPA identifies the notes; JDO is the separate code for Judo Capital Holdings’ ordinary shares.

What the November Dates Mean

The 5 November ex-date, 6 November record date and 16 November payment date refer to different stages of the distribution process. The ex-date determines when the security begins trading without the entitlement, the record date identifies registered holders, and the payment date is when a distribution is scheduled to be made if applicable conditions are satisfied.

The full franking status of the upcoming Judo Capital Notes (ASX:JDOPA) distribution is part of the announced payment information. Because JDOPA is a bank capital instrument, assessing the payment timetable separately from its contractual terms helps distinguish the stated amount from the conditions governing it.

Key Insights

Judo Capital Holdings’ upcoming November distribution is a defined quarterly event for Judo Capital Notes (ASX:JDOPA), with an announced amount, ex-date, record date and payment date. The relevant distinction is that these are perpetual, non-cumulative capital notes rather than ordinary shares. The issuer’s discretion, payment conditions and floating-rate calculation remain central characteristics of the scheduled distribution.