Key Highlights

  • Mirrabooka Investments Ltd (ASX: MIR) declared a $0.095 fully franked final dividend.
  • The ex-dividend date is 30 July 2026, with payment scheduled for 21 August 2026.
  • The annualised yield is 3.54% based on the current share price of $2.68.
  • The final dividend reflects Mirrabooka's full-year earnings distribution to shareholders.

Mirrabooka Investments Ltd (ASX: MIR) has declared a final dividend of $0.095 per share, fully franked at 100%, with an ex-dividend date of 30 July 2026 and a payment date of 21 August 2026. Based on the current trading price of $2.68, the dividend represents a yield of 3.54%. As a listed investment company focused on smaller Australian companies, Mirrabooka's final dividend reflects income generated from its equity portfolio over the full financial year.

About the MIR Final Dividend

The $0.095 final dividend represents Mirrabooka's year-end distribution to shareholders following the completion of its financial year. As a listed investment company, Mirrabooka generates dividend income from its portfolio of Australian equities, which it then distributes to investors along with any accumulated franking credits. A final dividend, as distinct from an interim dividend, reflects the full-year earnings and is typically the larger of a company's two annual distributions. Investors holding MIR shares before the 30 July 2026 ex-date will be entitled to receive the payment.

Company Overview

Mirrabooka Investments is a listed investment company managed by the AFIC group, focused on investing in smaller and medium-sized Australian companies outside the S&P/ASX 50. The company aims to provide investors with long-term capital growth and income through a diversified portfolio of Australian equities. Mirrabooka is commonly assessed by investors on the basis of its investment portfolio performance, net tangible asset value, dividend yield and franking credit availability. As a LIC, it distributes realised investment income and franking credits to shareholders on an annual or semi-annual basis.

Dividend and Income Focus

Listed investment companies are evaluated on the sustainability and growth of their dividends, the level of franking credits attached, the discount or premium of the share price to net tangible asset value, and the long-term performance of the underlying equity portfolio. Mirrabooka's 3.54% yield, fully franked, provides investors with both a cash component and the notional value of franking credits, which may be valuable to shareholders depending on their individual tax position. Income investors frequently compare LIC yields with those of similar vehicles when assessing relative income prospects.

What Investors May Watch Next

  • Ex-dividend date: 30 July 2026 — investors must hold MIR shares before this date to receive the dividend
  • Payment date: 21 August 2026
  • Net tangible asset value updates and portfolio performance
  • Future interim and final dividend announcements
  • Future ASX announcements

Risks

Listed investment companies face risks including declines in portfolio value during market downturns, reductions in dividend income from investee companies, and the possibility of trading at a discount to net tangible asset value. Franking credit availability depends on the level of tax paid by the LIC on its investment income, and the value of those credits varies with each investor's marginal tax rate.

Smaller company focused LICs such as Mirrabooka have maintained investor interest due to their exposure to a segment of the Australian market that may offer differentiated growth opportunities relative to large-cap equities. Final dividends from LICs typically reflect the full-year income earned from investee companies, and the level of franking attached is influenced by the tax profile of the underlying portfolio. Investors often assess Mirrabooka alongside other AFIC-managed vehicles when considering diversified Australian equity income options.