Upcoming Dividends ASX: Premier Investments (ASX:PMV) 36c Final Set for January Payment

Sonal Goyal

04 November 2026 10:49 PM AEDT

Upcoming Dividends ASX: Premier Investments (ASX:PMV) 36c Final Set for January Payment

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

Premier Investments declared a fully franked final Dividend of 36.0 cents per share.
The Record Date is 11 December 2026 and the ex-dividend date is 10 December.
Payment is scheduled for 22 January 2027, and the Dividend reinvestment plan does not apply.
Total 2026 financial year dividends are 81.0 cents per share.

Premier Investments Limited (ASX:PMV) has one of the longer runways among upcoming dividends on the ASX, with its fully franked final dividend of 36.0 cents per share not due to be paid until Friday 22 January 2027. The retailer behind Peter Alexander and Smiggle set a record date of Friday 11 December 2026 for the payment, declared in its Appendix 4E preliminary final report for the 52 weeks to 25 July 2026. The company said its dividend reinvestment plan does not apply to the final dividend, so eligible shareholders will receive the full amount in cash.

The Premier Investments Final Dividend in Detail

Premier's board declared a final dividend of 36.0 cents per share, fully franked at the 30 per cent corporate tax rate. The company said the payment totals $57.4 million and carries no conduit foreign income component.

The record date is 11 December 2026. Under the standard ASX settlement timetable, the ex-dividend date falls one Business day before the record date, which points to Thursday 10 December 2026. Investors who buy on or after the ex-date would not be entitled to this dividend, while those who hold shares at the close of trading the day before will be on the register at the record date.

The final dividend follows an Interim Dividend of 45.0 cents per share, also fully franked, which Premier paid on 20 August 2026 at a cost of $71.8 million. Together, the two payments bring total dividends for the 2026 financial year to 81.0 cents per share.

Why the Payment Date Is Later Than Most

The gap between Premier's record date and payment date is about six weeks, and the payment falls in a new calendar year. Many ASX companies pay within a month of the record date, so investors tracking upcoming dividends on the ASX by payment month may find Premier's final listed among January payments even though the entitlement is set in December.

The timing reflects Premier's financial year, which ends in late July rather than 30 June. The company released its Appendix 4E to the ASX on 24 September 2026, and its final dividend timetable runs well beyond its annual results period. For shareholders, the key practical point is that holding shares on 11 December secures the entitlement, while the cash does not arrive until 22 January 2027.

The absence of a dividend reinvestment plan for this payment also simplifies the process. There is no election deadline to meet and no DRP pricing period, so the only date shareholders need to watch before payment is the ex-dividend date.

Results Behind the 2026 Financial Year Dividends

Premier reported Revenue from customers from continuing operations of $793.7 million for the 52 weeks to 25 July 2026, down 2.8 per cent. Total revenue and other income was $844.9 million, down 0.9 per cent.

Profit before tax from continuing operations was $185.1 million, down 10.8 per cent, or $211.1 million excluding significant items, down 4.2 per cent. Statutory net profit after tax was $129.2 million, a 10.3 per cent decline, and Basic Earnings Per Share were 80.84 cents.

Earnings before interest and tax for the Premier Retail business, on a pre-AASB 16 basis and excluding significant items, were $175.9 million, down about 10 per cent. The EBIT Margin eased to 22.2 per cent from 24.2 per cent, and the global gross margin was 64.7 per cent.

Peter Alexander, Smiggle and the Breville Stake

The two brands moved in different directions over the year. Peter Alexander delivered record sales of $565.3 million, excluding UK market sales and deferred loyalty revenue, up 3.2 per cent. Premier said its Peter's Dreamers loyalty program attracted more than 1.4 million customer acquisitions in its first 10 months. The company is closing its three Peter Alexander stores in the United Kingdom and recorded a $7.7 million impairment.

Smiggle's global sales fell 12.9 per cent to $230.2 million. Premier said a strategic review of the Brand "established the foundations for the relaunch of the brand in the 2027 financial year."

Premier's Investment segment adds a separate source of earnings. The company holds 25.2 per cent of Breville Group Limited, carried at $384.2 million, and recorded a $34.8 million share of Breville's profit. The investment segment also held $326.5 million in cash at the end of the period.

Planning Around Upcoming ASX Dividends Into the New Year

Premier's timetable means the dividend sits across two different periods that matter to shareholders. The entitlement is fixed in the December quarter, but the cash is received in January. For investors who record dividend income by the date received, that can place the payment in a different period from the one in which the share was held.

The franking credits attached to the 36.0 cent final dividend come with the payment, and their value to an individual depends on that person's tax position. Premier's dividend is fully franked at 30 per cent, meaning the company has already paid tax on the profits from which the dividend is drawn.

The payment also arrives in a changed Interest Rate setting. The Reserve Bank of Australia raised the cash rate target by 25 basis points to 4.85 per cent on 3 November 2026, its fifth increase this year, and said the economy is slowing and the Unemployment rate has risen. The ABS reported on 4 November that household spending rose 0.6 per cent in September. Conditions for discretionary retailers such as Premier will be shaped by how households respond to higher borrowing costs in the months leading up to the January payment.

Key Takeaways

Premier Investments Limited has declared a fully franked final dividend of 36.0 cents per share, with a record date of 11 December 2026 and payment on 22 January 2027. Under the standard ASX timetable the ex-dividend date falls one business day before the record date, on 10 December. The dividend reinvestment plan does not apply, and the final takes total 2026 financial year dividends to 81.0 cents per share. The payment follows a year in which Peter Alexander posted record sales of $565.3 million while Smiggle sales fell 12.9 per cent, and statutory net profit after tax was $129.2 million.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.