When Is Premier Investments’ (ASX:PMV) Final Dividend Due, and What Did FY26 Show?

Key highlights

• Premier Investments Ltd (ASX:PMV) has declared a fully franked final dividend of 36 cents per share, with an ex-dividend date of 10 December 2026.
• The dividend is payable on 22 January 2027 and takes full-year ordinary dividends to 81 cents per share, fully franked.
• The FY26 results announcement of 24 September 2026 reports profit before tax of $211.1 million and statutory NPAT of $129.2 million.

Premier Investments Ltd (ASX:PMV) owns the Peter Alexander and Smiggle retail brands and holds an equity-accounted investment in Breville Group. As at 19 October 2026, the company has an upcoming final dividend of 36 cents per share, fully franked, which goes ex-dividend on 10 December 2026. On 24 September 2026, Premier reported its results for the 52 weeks ended 25 July 2026 (FY26), including the dividend decision, brand performance and an outlook for the first half of FY27.

About the company

Premier’s wholly owned retail operations, Peter Alexander and Smiggle, are referred to together as Premier Retail. The group also holds shares in Breville Group, which the announcement values at about $1.08 billion on the market, with $384.2 million carried on the balance sheet, and reports $391.4 million of cash on the balance sheet.

Upcoming dividend details

The Board approved the final fully franked ordinary dividend of 36 cents per share, taking total FY26 ordinary dividends to 81 cents per share, fully franked and up 62% on FY25 ordinary dividends. The announcement says the Board will continue to review future dividends at the end of each reporting period. A previously announced on-market share repurchase also continues as part of capital management.

FY26 results

Profit before tax, excluding significant items, was $211.1 million, and statutory net profit after tax was $129.2 million. Premier Retail EBIT was $175.9 million, in line with guidance issued on 12 August 2026, on sales of $795.5 million made up of $565.3 million from Peter Alexander and $230.2 million from Smiggle. EBIT margin was 22.1% and gross margin 65.2%. The cost of doing business rose 1.2%, and July 2026 inventory of $96.7 million was $9.5 million, or 8.9%, lower than a year earlier.

Brand developments and outlook

Peter Alexander recorded its highest sales in FY26 and its Peter’s Dreamers loyalty program attracted more than 1.4 million members within ten months. Smiggle completed the initiatives of its relaunch announced in March 2026 and entered the first half of FY27 with a refreshed range. The announcement says at least five new store openings and one relocation or expansion are confirmed for the first half, and it describes discretionary retail conditions as very challenging in the second half, particularly in its latter months.

The company reports on trading in the first seven weeks of the first half of FY27, noting that these weeks make up a small share of the half and that the key gifting and peak trading periods, including Black Friday, Christmas and Back-to-School, are still ahead.

How the dividend timetable works

The ex-dividend date of 10 December 2026 is the first trading day on which shares change hands without the right to the upcoming dividend of 36 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 22 January 2027, 43 days after the ex-dividend date. The ex-dividend date falls 52 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 announcement describes a challenging discretionary retail environment, and Premier Retail earnings depend on consumer spending across a few brands. Smiggle’s relaunch is recent, and its outcome will show over the peak trading period. A portion of Premier’s value is in its Breville shareholding, so earnings include equity-accounted income that moves with that company’s result.

The dividend is declared, but timing and amount of future dividends are reviewed each reporting period, and the share repurchase is ongoing, which uses cash alongside dividends.

What’s next

The next dated items are the ex-dividend date on 10 December 2026 and payment on 22 January 2027, with first-half FY27 trading through the Black Friday and Christmas periods ahead of the next reporting date.