Highlights
- MEC trades ex-dividend on 24 August 2026 for a 1.4-cent final dividend.
- The distribution is fully franked and is due on 11 September 2026.
- The indicated Yield is 1.11% at a share price of AUD 1.26.
- MEC reported post-tax NTA of AUD 1.3292 per share at 31 July 2026.
Morphic Ethical Equities Fund Ltd (ASX:MEC) is trading ex-dividend on 24 August 2026 for a 1.4-cent fully franked final distribution. The payment, due on 11 September, carries an indicated yield of 1.11% at a share price of AUD 1.26. The Dividend arrives as the listed Investment company continues managing its portfolio, reporting regular net Tangible Asset updates and conducting an on-market buy-back.
Fully Franked Final Dividend Due in September
The final dividend is 1.4 cents per share and is 100% franked. The ex-date is 24 August and the Record Date follows on 25 August.
Payment is scheduled for 11 September 2026. The distribution follows two earlier fully franked 1-cent interim dividends during 2026.
NTA Provides a Reference Point for the Share Price
MEC reported pre-tax net tangible assets of AUD 1.4059 per share and post-tax NTA of AUD 1.3292 per share at 31 July 2026.
The NTA figures offer a reference point for assessing the Market Price relative to the value of the underlying portfolio.
Buy-Back Runs Alongside the Dividend Program
MEC has also been active with an on-market buy-back during 2026.
For listed investment companies, buy-backs can complement dividends by returning Capital and potentially reducing the discount between the share price and portfolio value.
What Could Drive MEC Shares Next?
Future dividends will remain linked to portfolio returns, realised gains, franking-credit availability and Board decisions.
Monthly NTA updates, changes in the portfolio discount and progress with the buy-back will remain relevant indicators.
Morphic Ethical Equities Fund Outlook
MEC’s 1.4-cent fully franked final dividend adds to earlier interim distributions during 2026. The balance between portfolio returns, NTA, the on-market buy-back and available franking credits will shape future income outcomes.






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