What Do Tamawood’s (ASX:TWD) FY26 Profit Figures Say Ahead of Its Final Dividend?

Key highlights

• Tamawood Ltd (ASX:TWD) has a fully franked final dividend of 10.5 cents per share with an ex-dividend date of 19 November 2026.
• The dividend is payable on 11 December 2026.
• A 14 July 2026 update reported unaudited FY26 profit before tax of $11.679 million, compared with $8.299 million, and cash of $8.346 million with no debt.

Tamawood Ltd (ASX:TWD) is an Australian residential construction company. As at 19 October 2026, it has an upcoming fully franked final dividend of 10.5 cents per share that goes ex-dividend on 19 November 2026. In an ASX announcement dated 14 July 2026, the company updated the market on its unaudited FY26 profit before tax, cash position and trading conditions.

About the company

Tamawood describes itself in this announcement through its financial position and operating conditions rather than a business description. It reports as a group, has no debt and holds cash. The announcement is based on unaudited management accounts and remains subject to completion of year-end audit procedures.

Upcoming dividend details

The 14 July 2026 update does not discuss the dividend. The dividend information in this article comes from the company’s listed dividend schedule.

FY26 profit update

Tamawood expects to report FY26 profit before tax of $11.679 million, compared with $8.299 million for FY25, an increase of about 40% that the announcement describes as in line with the group’s announcement of 17 December 2025. At 30 June 2026, cash on hand was $8.346 million, against $3.443 million a year earlier, and the company remains debt free.

Margins and operating conditions

The company says profit margins were partially affected by higher construction input costs and the effect of recent global events on its cost base, consistent with expectations communicated for the period. Operationally, it has not seen a material increase in contract cancellations due to bank valuations, in contrast to some industry peers. Enquiry levels have moderated compared with the prior period, although conversion rates have improved.

The Board considered the information market-sensitive and provided the update under ASX Listing Rule 3.1.

The announcement’s figures can be put in context. Profit before tax of $11.679 million is $3.380 million higher than the $8.299 million for FY25, and cash on hand of $8.346 million is $4.903 million higher than the $3.443 million a year earlier. The company states that these figures remain subject to year-end audit procedures, so the final reported numbers could differ.

The update also gives a qualitative picture of conditions. It says margins were partly affected by higher construction input costs and the effect of recent global events on the cost base, that bank valuations have not led to a material rise in contract cancellations, and that conversion rates improved even as enquiry levels moderated. It says nothing about the number of homes in progress, order books or the dividend, so shareholders looking for those details would need to wait for the full results.

How the dividend timetable works

The ex-dividend date of 19 November 2026 is the first trading day on which shares change hands without the right to the upcoming dividend of 10.5 cents per share. Shares bought before that date carry the entitlement, subject to the record date and settlement timing, while shares bought on or after it do not. Payment follows on 11 December 2026, 22 days after the ex-dividend date. The ex-dividend date falls 31 days after 19 October.

The dividend is fully franked, which means franking credits equal to the Australian company tax paid on the underlying profit are attached. How much those credits are worth depends on each shareholder’s own tax position, which this article does not assess.

A dividend is a distribution of profit that the board decides to pay, and the amounts quoted are per share. The total cash paid depends on the number of shares on issue at the record date, which can change if a company issues new shares or repurchases existing ones. Dates and amounts can change if the company announces an update.

Factors shareholders may weigh

The profit figure is unaudited and could change after the audit. Residential construction earnings are affected by input costs, enquiry levels and the lending environment, and the announcement notes that margins were partly affected by higher costs and moderating enquiries.

The final dividend is fully franked, and the payment depends on the company’s declared timetable. The update does not give detail on the dividend’s relationship to earnings or on full-year results beyond profit before tax.

What’s next

The ex-dividend date is 19 November 2026 and payment is due on 11 December 2026. The audited FY26 results are due after the year-end audit is completed.