Key Highlights

  • The fully franked final dividend is 6.0 cents, 2.5 cents higher than the FY25 final.
  • FY26 dividends total 19.0 cents, or $75.2 million, including a 9.0 cent special dividend paid in March 2026.
  • Normalised NPAT rose 26% to $49.9 million, and statutory NPAT rose 42% to $49.2 million.
  • Yield and reinvestment plan data for Resimac are not available.

Resimac Group Ltd (ASX:RMC) is a leading Australian non-bank lender and multi-channel business. Its integrated model originates, services and funds prime and non-conforming residential mortgages and asset finance products. It has over 400 people across Australia, New Zealand and the Philippines and more than 100,000 customers.

At the end of FY26 its home loan portfolio was $14.7 billion, its asset finance portfolio was $1.8 billion, and total assets under management were $16.5 billion. Resimac earns a net interest margin on loans funded mainly through securitisation, and it also earns fees. Home loans originate through brokers and other channels, and the group has focused on risk-adjusted returns in asset finance. Its dividend includes a special component paid in March 2026.

The Dividend Picture

Yield, franking beyond the release and reinvestment plan details are not available here. The release states a fully franked final dividend of 6.0 cents for the second half, up 2.5 cents on the FY25 final. With the fully franked interim of 4.0 cents, ordinary dividends were 10.0 cents, and with the special dividend of 9.0 cents paid in March 2026, total FY26 dividends were 19.0 cents, totalling $75.2 million.

Understanding the Dividend Data for Resimac

No price, franking percentage, yield, grossed-up yield or distribution reinvestment plan information is available. Readers who want those figures should check a current market data source, because they depend on the share price on the day. The sections below therefore rely on the dividend and distribution amounts stated in the company's own announcement. A yield simply divides the dividends or distributions over a period by a share price, so it can be calculated once a price is chosen, but it should be labelled with the price and the period used. Franking credits, where attached, add value for shareholders who can use them, and a reinvestment plan, where offered, lets holders take new securities instead of cash. The announcement is the best source for the amount and timing of each payment.

Results

Resimac Group Ltd (ASX:RMC) announced its FY26 results on 26 August 2026.

Normalised operating profit before impairment and tax was $92.9 million, up 18%, and normalised NPAT was $49.9 million, up 26%. Statutory NPAT was $49.2 million, up 42%. Assets under management rose 4% to $16.5 billion, with home loans up $1.3 billion to $14.7 billion. Originations were $6.7 billion, up 16%.

Margins and Costs

Group net interest margin rose 5 basis points to 159, helped by the Westpac Auto portfolio and better funding economics. The cost-to-income ratio improved 60 basis points to 53.0%, and impairment expenses fell 5% to $21.4 million.

Home Loans and Asset Finance

Resimac's chief executive says FY26 brought higher earnings, disciplined growth and improved returns, with momentum strengthening in the core Home Loans business, where settlements rose 20% and assets under management reached $14.7 billion. Asset Finance focused on higher risk-adjusted returns and profitability, not volume growth. Application volumes rose 17% to $10.5 billion and originations rose 16% to $6.7 billion. Normalised results exclude one-off items, non-recurring costs and fair value movements on derivatives, as well as profit attributable to non-controlling interests, so the headline profit figure of $49.9 million is an adjusted measure.

Credit Quality and Margin Drivers

Impairment expenses fell 5% to $21.4 million because of disciplined arrears management, better recoveries and prudent provisioning. The net interest margin rose 5 basis points to 159, helped by a full-year contribution from the Westpac Auto portfolio, improved funding economics and higher asset finance margins, while home loan margins held flat despite competition. The cost-to-income ratio improved 60 basis points to 53.0% despite investment in people, technology and processes. The final dividend of 6.0 cents is 2.5 cents higher than the FY25 final, and total FY26 dividends of 19.0 cents cost $75.2 million.

How the Payout Measure Works

The measure that matters for this dividend is normalised NPAT. Normalised NPAT of $49.9 million excludes one-off items and fair value movements. Total dividends of $75.2 million exceed that figure because they include a 9.0 cent special dividend. Investors comparing the figure with a yield should remember that the yield is calculated on a price, while the payout compares the dividend with the company's own earnings measure, so the two answer different questions. A high payout can leave little retained cash, while a low payout can leave room for growth or debt reduction, and the right balance depends on the business.

Key Dates and Timing

The results were released on 26 August 2026. The special dividend was paid in March 2026. Dividend and distribution amounts can change from period to period, and the announcement is the source for amounts and dates. Anyone relying on a date should confirm it against the company's notice, because record dates and payment dates vary by security.