Key Highlights

  • The security is scheduled to trade ex-distribution on 6 August 2026 for an AUD 1.912 payment.
  • Payment is scheduled for 17 August 2026 and the stated cash yield is 1.71% at AUD 111.74.
  • The payment is a capital-note distribution. It is discretionary and subject to the conditions in the JDOPA terms rather than an ordinary-share dividend.
  • JDOPA’s next scheduled distribution is approximately AUD 1.912 per note and is expected to be fully franked.

Judo Capital Notes (ASX:JDOPA) is approaching an important income date, with an AUD 1.912 payment scheduled after the security trades ex-distribution on 6 August 2026. Based on a price of AUD 111.74, the stated cash yield for this payment is 1.71%. The distribution is fully franked and is due on 17 August 2026.

The headline yield is only one part of the picture. The nature of the security, the source of the payment and the latest operating or portfolio result determine whether the distribution reflects recurring income, a special return or a floating-rate note payment.

Company Overview

JDOPA represents Judo Capital Holdings’ Additional Tier 1 capital notes, issued in November 2023. The notes are ASX-listed income securities rather than ordinary Judo Bank shares.

Dividend and Distribution Details

The payment is a capital-note distribution. It is discretionary and subject to the conditions in the JDOPA terms rather than an ordinary-share dividend.

The ex-distribution date is 6 August 2026, while payment is scheduled for 17 August 2026. The amount is AUD 1.912 per security and the payment is fully franked. A security normally adjusts for the value of the distribution when it begins trading ex-entitlement, although the actual market movement can also reflect broader trading conditions.

Recent Company Update

JDOPA’s next scheduled distribution is approximately AUD 1.912 per note and is expected to be fully franked. The amount follows the floating-rate structure set out in the note terms. The previous distribution was AUD 1.83 per note, paid in May 2026, making the August amount modestly higher.

Price and Yield Snapshot

At AUD 111.74, the AUD 1.912 payment represents a stated cash yield of 1.71%. This is a single-payment yield rather than an assurance of the annual income return. Future payments can change with earnings, portfolio income, interest rates, Board decisions, security terms or currency conversion.

What Investors May Watch Next

Movements in the reference rate, Judo’s regulatory capital position, distribution conditions and the market price relative to the AUD 100 face value will influence future income and trading performance.

Attention will also centre on the price after the ex-date. A mechanical adjustment for the distribution may be accompanied by movements caused by company news, commodity prices, interest rates or wider market sentiment.

Risks

  • Future dividends or note distributions may differ from the current payment.
  • The market price may decline by more than the cash distribution after the ex-date.
  • Franking availability or tax treatment may change and depends on individual circumstances.
  • Earnings, portfolio income, commodity prices or interest rates may weaken.
  • Capital-note payments are subject to their terms and may be discretionary or non-cumulative.