What Is Behind the Dividend Yield at Resimac Group (ASX:RMC) After Its FY26 Results?

Sonal Goyal

09 October 2026 09:14 PM AEDT

What Is Behind the Dividend Yield at Resimac Group (ASX:RMC) After Its FY26 Results?

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Resimac Group Ltd (ASX:RMC) announced its FY26 results on 26 August 2026. Dividend data for the stock shows a fully franked final dividend of A$0.060 per share and an Annual Dividend Yield of 23.60%, with the dividend paid on 18 September 2026.

Ticker	Type	Dividend amount	Annual yield	Ex date	Record date	Pay date	Franking
ASX:RMC	Final	$0.060	23.60%	03 Sep 2026	04 Sep 2026	18 Sep 2026	100%

Dividend details

The final dividend of 6.0 cents per share has an ex-date of 3 September 2026, a Record Date of 4 September 2026 and a pay date of 18 September 2026, with 100% franking. It is 2.5 cents higher than the FY25 final dividend.

Together with a fully franked Interim Dividend of 4.0 cents, Ordinary Dividends for FY26 were 10.0 cents per share, up 43%. The group also paid a fully franked Special Dividend of 9.0 cents in March 2026, bringing total FY26 dividends to 19.0 cents per share, or A$75.2 million.

FY26 Earnings behind the payout

Normalised net profit after tax was A$49.9 million, up 26%, and statutory net profit after tax was A$49.2 million, up 42%. Normalised operating profit before Impairment and tax was A$92.9 million, up 18%. Assets under management rose 4% to A$16.5 billion, with home loans up 10% to A$14.7 billion, and origination volumes of A$6.7 billion were up 16%.

Group net interest Margin rose 5 basis points to 159 basis points, and the cost-to-income ratio fell 60 basis points to 53.0%. Impairment expenses decreased 5% to A$21.4 million.

Capital management approach

Resimac said the ordinary and special dividends reflect a disciplined approach to Capital management, balancing growth, Balance Sheet strength and Shareholder returns. The company stated the special dividend returned surplus capital during the first half of FY26.

Sector backdrop

Non-bank lenders fund mortgages and asset finance through Warehouse lines and securitisation, so earnings depend on net interest margins, funding costs, Credit quality and Loan growth. Competition among lenders affects home loan margins, which the release says remained flat.

Franking credits attach to dividends paid from profits on which Australian tax has been paid, and fully franked dividends carry a tax credit for eligible shareholders.

Risks shareholders should weigh

Total FY26 dividends of 19.0 cents include a 9.0 cent special dividend, so a yield based on total payments may not recur. Ordinary dividends were 10.0 cents.

The Business depends on funding markets and margin outcomes, and home loan margins were flat in a competitive market. Origination growth and credit quality could change if economic conditions or interest rates change.

Normalised profit excludes one-off items and Fair Value movements on derivatives, so it differs from statutory figures. The release provides no explicit dividend payout policy or FY27 guidance.

What’s next

The final dividend was payable on 18 September 2026. Shareholders may wish to watch for FY27 origination volumes, margins, funding conditions and the next dividend announcement.

FAQs

Q: What is Resimac’s dividend yield?

A:Dividend data shows an annual yield of 23.60% for RMC, based on a fully franked final dividend of A$0.060 per share.

Q: What were total FY26 dividends?

A:Total FY26 dividends were 19.0 cents per share, including a 4.0 cent interim, a 6.0 cent final and a 9.0 cent special dividend.

Q: Is the dividend franked?

A:Yes. The final dividend, the interim dividend and the special dividend were all fully franked.

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