Highlights

  • Whitefield Income (ASX:WHI) is scheduled to trade ex-dividend on 14 August 2026 for a fully franked monthly payment of about AUD 0.006 per share.
  • The payment is due on 31 August 2026 and represents a Yield of about 0.45% at a share price near AUD 1.30.
  • Whitefield announced monthly base dividends of 0.583 cents per share for July, August and September 2026, plus a variable half-yearly top-up Dividend for September.
  • The company completed an entitlement offer process in May 2026 as it continued building the scale of its income-focused Australian Equity portfolio.

Whitefield Income (ASX:WHI) is keeping its monthly distribution model in motion, with another fully franked payment due to go ex-dividend on 14 August. The August base dividend of roughly AUD 0.006 per share is scheduled to be paid on 31 August. At a share price around AUD 1.30, the single monthly payment represents a yield of approximately 0.45%, while the wider income proposition also includes periodic top-up distributions.

Monthly Base Dividends Provide a Regular Schedule

Whitefield Income announced monthly base dividends of 0.583 cents per share for July, August and September 2026. The company also flagged a 0.300-cent half-yearly top-up dividend for September, with top-up payments variable and dependent on financial outcomes.

The August dividend is fully franked, maintaining the LIC’s focus on distributable income inclusive of franking credits.

The Portfolio Targets Broad Australian Equity Income

Whitefield Income invests in a diversified portfolio of ASX-listed securities with an objective centred on regular distributable income. Its benchmark is based on an equal-weight Australian equity framework rather than a conventional market-cap-weighted index.

As at 31 May 2026, the portfolio reported a one-year return of 7.57%, while the benchmark returned 8.14%. Historical performance is not a guarantee of future results.

Entitlement Offer Added Scale in 2026

Whitefield Income conducted a pro-rata non-renounceable entitlement offer in May 2026, followed by an announcement on the offer result. Raising additional Capital can expand the investable base, although it also changes the number of shares over which future income is distributed.

The company’s June-quarter reporting and NTA updates remain important for assessing how the enlarged portfolio is being deployed.

What to Watch

Key items include the 31 August payment, the September monthly and top-up dividends, upcoming financial reporting and movements in NTA. The level of portfolio income generated after the entitlement offer will also be worth monitoring.

Risks

Dividends depend on portfolio income, realised gains, franking credits and board decisions. Equity-market declines can reduce NTA, while future top-up payments are variable. The share price may also trade at a discount or premium to asset backing.