Key highlights

  • Latitude Group Holdings Limited (ASX:LFS) shares were priced at $0.800 during the trading session on 22 October 2026, up 1.265% (up $0.010), and it carries an annual dividend yield of 13.29%.
  • The latest dividend was an interim dividend of 5.5 cents per share with an ex-date of 22 September 2026 and a payment date of 22 October 2026, franked at 100%.
  • A market announcement dated 15 October 2026 said its hybrid securities (code LFSPA) were suspended from quotation pending redemption.

Latitude Group Holdings Limited (ASX:LFS) shares were priced at $0.800 during the trading session on 22 October 2026, up 1.265% (up $0.010). The stock carries an annual dividend yield of 13.29%, and its latest dividend is 5.5 cents per share. Latitude is an Australian and New Zealand consumer finance company. A market announcement dated 15 October 2026 said its hybrid securities (code LFSPA) were suspended from quotation pending redemption.

Trading snapshot

During the session on 22 October 2026, LFS traded at $0.800, up 1.265% (up $0.010), against a previous close of $0.790. The day range was $0.785 to $0.800, the bid-offer range was $0.785 to $0.800, and 50,280 shares had changed hands, compared with an average daily volume of 155,571. Market capitalisation is not shown, and there are 1,039,732,901 shares on issue. The company listed on 20 April 2021.

Fundamentals include a P/E ratio of 9.32, EPS of $0.084, revenue of $1.21 billion, net profit of $0.09 billion, enterprise value of $7.16 billion, total assets of $8.13 billion and total liabilities of $6.91 billion. The stock is trading with an ex-dividend status.

About Latitude Group Holdings Limited: business overview

Latitude Group Holdings Limited provides consumer finance products, including personal loans and credit cards, in Australia and New Zealand. It reports a large loan book funded through a combination of securitisation, debt and hybrid securities, and listed on the ASX in April 2021.

Hybrid security suspension (15 October 2026)

In a market announcement dated 15 October 2026, ASX Compliance said the securities of Latitude Group Holdings Limited with the code LFSPA would be suspended from quotation immediately under Listing Rule 17.2, pending the redemption of the securities. The announcement said removal of the notes under Listing Rule 17.10 will occur following the announcement of the redemption and the lodgement by Latitude of an Appendix 3H notification of cessation of securities. The suspension and upcoming removal apply only to the securities noted, and not to other quoted securities of Latitude.

Interim dividend

The latest dividend is an interim dividend of 5.5 cents per share, fully franked, with an ex-date of 22 September 2026, a record date of 23 September 2026 and a payment date of 22 October 2026, the same date as the session. The stock is trading ex-dividend.

The dividend and the yield figure

LFS carries an annual dividend yield of 13.29%. The latest dividend is described as an interim dividend of 5.5 cents per share, with an ex-date of 22 September 2026, a record date of 23 September 2026 and a payment date of 22 October 2026. Franking is 100%.

The latest dividend alone is equal to about 6.9% of the share price of $0.800, a figure calculated for this article. The annual yield is quoted as an annual measure and is higher than that figure, which means it reflects more than the latest single dividend. Annual yield figures are not forecasts and are not a recommendation.

Related sector context

Consumer finance companies are influenced by funding costs, credit losses, interest rates and regulation, and report loan books, arrears and cash earnings alongside dividends. Changes to their funding structure, such as the redemption of hybrid securities, are announced to the market through ASX notices.

Risks to weigh in

Consumer finance companies are exposed to credit losses, funding costs and regulation, and Latitude’s balance sheet is large relative to its market value, with total liabilities of $6.91 billion and total assets of $8.13 billion. The hybrid redemption is a funding event whose terms are set out in the company’s own announcements. Dividends depend on earnings and capital.

Catalysts on watch

The announcement of the redemption of the hybrid securities and the lodgement of an Appendix 3H.

Latitude’s next results and dividend declaration.

Credit quality and funding trends in its loan book.

Wrapping up

Latitude carries a 13.29% annual yield from a fully franked interim dividend, alongside a recent ASX notice on the suspension of its hybrid securities pending redemption. The redemption announcement will be the next step in that process.