Highlights

  • Waterco Limited (ASX:WAT) declared a final dividend of AUD 0.13 per ordinary share, fully franked.
  • The ex-dividend date is 29 October 2026, followed by a 30 October record date.
  • The payment is scheduled for 13 November 2026; FY26 declared dividends total AUD 0.20 per share.
  • FY26 revenue was AUD 259.35 million, while net profit attributable to members reached AUD 15.46 million.

Waterco Limited (ASX:WAT) manufactures and distributes swimming pool, spa and water-treatment equipment, alongside pumps and water-transfer products. The group declared a fully franked final dividend of AUD 0.13 per ordinary share for FY26, with an ex-dividend date of 29 October 2026. Its August results announcement also reported higher revenue and earnings for the year ended 30 June 2026. The dividend timetable and those financial results are the principal near-term corporate developments.

Company Business

Waterco operates across pool and spa equipment, water transfer and filtration or treatment. Its product portfolio includes filtration systems, sanitisation equipment, pool chemicals and pumping systems used in residential, commercial and rural applications. The group also owns the Swimart pool retail franchise network and the Davey water-products business. These operations provide distribution through retail outlets, dealers and other commercial channels.

Waterco (ASX:WAT) reports operations across Australia and New Zealand, North America and Europe, and Asia and the Middle East. Its Malaysian manufacturing base is relevant to the group’s component production and supply-chain organisation. During FY26, the company continued shifting selected manufacturing activity into its own facilities and integrating warehousing and operating processes across its businesses.

Recent Development

In August 2026, Waterco (ASX:WAT) announced the final dividend of 13 cents per ordinary share. The distribution is an ordinary dividend, with 100% franking at the stated corporate tax rate of 30%. The company’s formal dividend notice identifies 29 October as the ex-date, 30 October as the record date and 13 November 2026 as the payment date. Its earlier FY26 interim dividend was 7 cents per share, bringing total dividends declared for FY26 to 20 cents per share.

The ex-dividend date precedes the record date under the announced timetable. The company’s FY26 preliminary report states that it does not operate a dividend reinvestment plan. The dividend follows a year in which Waterco expanded the Swimart network by three franchise stores and continued warehouse consolidation, product-development activity and manufacturing insourcing. Those initiatives were described in the company’s FY26 results commentary.

Financial Performance and Sector Context

For the financial year ended 30 June 2026, Waterco (ASX:WAT) reported revenue from continuing operations of AUD 259.35 million, compared with AUD 254.93 million in FY25, an increase of 1.7%. Net profit attributable to members increased 61.6% to AUD 15.46 million from AUD 9.57 million. Statutory earnings before interest and tax rose 42.3%, from AUD 16.75 million to AUD 23.83 million.

Underlying EBIT, which excludes specified restructuring and transformation costs, increased from AUD 20.65 million in FY25 to AUD 24.84 million in FY26, a 20.3% change. Earnings per share increased from 27.2 cents to 44.0 cents. The company attributed the EBIT increase principally to insourcing critical components and cost management. The reported figures also reflect reduced foreign exchange translation losses following earlier treasury restructuring.

The regional breakdown was mixed. Australia and New Zealand divisional EBIT declined 12% to AUD 11.49 million. North America and Europe reported AUD 7.24 million, an increase of 59%, while Asia and the Middle East recorded AUD 5.10 million compared with a loss of AUD 0.86 million in FY25. Pool construction activity, rural water demand, currency movements and distribution costs remain relevant conditions across these markets.

Risks to Consider

Waterco (ASX:WAT) reported net debt of AUD 31.3 million at 30 June 2026, compared with AUD 24.9 million a year earlier. Its financial position therefore remains relevant when assessing future cash requirements and distributions. Other disclosed operational considerations include costs associated with business integration, supply-chain changes, currency exposure and demand conditions across pool, residential and rural markets. The timing and cost of manufacturing and systems projects also require monitoring.

What to Watch Next

The next scheduled event for ordinary shareholders is the October 2026 dividend timetable, followed by payment in November. Waterco (ASX:WAT) has also identified continued investment in product innovation, manufacturing capacity and supplier alignment as areas of operational focus. Subsequent company announcements can clarify progress on warehouse consolidation benefits, international distribution activity, margins and the group’s net debt position. Any later dividend decision will require a separate board announcement.

Key Insights

Waterco’s FY26 final dividend is AUD 0.13 per share, fully franked, with ex-dividend, record and payment dates set for 29 October, 30 October and 13 November 2026 respectively. FY26 revenue, statutory EBIT and attributable net profit increased compared with FY25, while net debt also rose. The dividend timetable, regional earnings and delivery of announced operational changes are identifiable matters for subsequent reporting.