Katana Capital Announces 0.5 Cent Fully Franked Dividend for June 2026 Quarter

Katana Capital Board Approves 0.5 Cent Fully Franked Dividend for Q4 FY2026

On 1 July 2026, Katana Capital Limited’s board declared an ordinary fully franked dividend of 0.5 cents per share for the quarter ended 30 June 2026. This dividend applies to all holders of KAT ordinary fully paid shares registered on the record date of 8 July 2026. It is an ordinary dividend requiring no external approvals such as shareholder consent, court approval, ACCC, or FIRB clearance prior to payment.

The board stated: "The Board of Katana are pleased to declare a fully franked dividend of 0.5 cents per share for the quarter ended 30 June 2026." The quarterly dividend structure indicates Katana Capital’s commitment to regular distributions, although no comparative prior quarter or full-year dividend figures were provided in this announcement.

Critical Dates for Shareholders: Ex-Dividend, Record Date, and Payment

Shareholders and prospective investors should note key dates for dividend entitlement. The ex-dividend date is 7 July 2026; shares purchased on or after this date will not qualify for the dividend. Only shareholders holding fully paid KAT shares at the close of business on the record date, 8 July 2026, will be eligible.

The cash dividend payment is scheduled for 31 July 2026. Shareholders wishing to participate in the Dividend Reinvestment Plan must lodge their election by 4:00 pm AEST on Thursday, 9 July 2026. Those missing this deadline will receive the dividend in cash, as the DRP default option is non-participation.

Fully Franked Dividend at 30% Corporate Tax Rate Benefits Eligible Shareholders

The dividend is 100% franked at the 30% corporate tax rate, with the entire 0.5 cents per share carrying franking credits and no unfranked component or conduit foreign income. Australian resident shareholders eligible to utilise franking credits will benefit from a grossed-up dividend value exceeding the cash amount, depending on their marginal tax rate.

Shareholders with marginal tax rates below 30% may receive a tax refund or offset other liabilities due to franking credits. The full franking confirms Katana Capital has paid corporate tax on the profits underlying the dividend. The total dividend payment amount was not disclosed, as the company did not provide total shares on issue or aggregate distribution figures.

Dividend Reinvestment Plan Available for This Quarter

Katana Capital’s Dividend Reinvestment Plan (DRP) applies to this dividend, allowing eligible shareholders to reinvest dividends into additional KAT shares instead of receiving cash. The DRP election deadline is 4:00 pm AEST on Thursday, 9 July 2026, with elections to be lodged via the company’s share registry, Computershare.

Shareholders can contact Computershare at 1300 557 010 (within Australia) or +613 9415 4000 (outside Australia) for DRP queries. The DRP rules are accessible via a link in the company’s notification. Shareholders not submitting an election by the deadline will default to cash payment, as the DRP default option is non-participation. No minimum or maximum participation amounts were specified.

DRP Pricing Determined by Weighted Average Share Price from 8 to 24 July 2026

The DRP share price will be calculated based on the weighted average market price during an on-market buyback program running from 8 July to 24 July 2026. This means the DRP price will reflect actual trading activity over this 17-day period rather than a fixed discount price.

The announcement did not specify a discount rate for the DRP, indicating no discount is currently applied. The DRP securities issue date was also not disclosed. Shareholders electing to participate should note that the final DRP price will only be known after the calculation period ends on 24 July 2026, creating some uncertainty relative to the election deadline on 9 July 2026.

Quarterly Dividend Structure Signals Consistent Income Stream for Investors

This dividend, covering the quarter ended 30 June 2026, aligns with Katana Capital’s quarterly distribution approach. For income-focused investors, quarterly dividends provide more frequent cash flow compared to semi-annual or annual payments common among ASX-listed companies.

As a listed investment company (LIC), Katana Capital emphasizes regular dividends as part of its shareholder value proposition. This update did not include forward dividend guidance, changes to distribution policy, or portfolio performance details supporting the June quarter dividend. Investors seeking further information should consult the company’s periodic financial reports.

No Regulatory Approvals Needed Before Dividend Payment

The company confirmed that no approvals are required before the dividend payment schedule begins. Specifically, no shareholder approval, court approval, ASIC filings, ACCC, or FIRB clearances are necessary. No other external conditions were indicated as prerequisites before the dividend timetable starts.

This standard confirmation assures shareholders the dividend payment is expected to proceed on schedule without regulatory delays. Shareholders can plan their cash flow around the 31 July 2026 payment date with confidence, barring unforeseen administrative issues.

What Shareholders Should Watch Before the 31 July Payment

The next key date is the ex-dividend date on 7 July 2026; investors must hold shares before this date to qualify. After the record date on 8 July 2026, eligible shareholders have until 4:00 pm on 9 July 2026 to lodge DRP elections with Computershare if they wish to reinvest dividends.

Following the election deadline, investors should monitor the DRP price calculation period from 8 to 24 July 2026, which determines the number of additional shares issued to DRP participants. The final cash dividend payment for non-DRP shareholders is set for 31 July 2026. The immediate market reaction to this dividend declaration was not evident from available information at the time of this update.

About Katana Capital Limited

Katana Capital Limited is an ASX-listed investment company trading under the ticker KAT and registered under ABN 56 116 054 301. The company invests in a securities portfolio aiming to deliver capital growth and income distributions to shareholders. Its share registry services are provided by Computershare.

The quarterly dividend policy reflects Katana Capital’s ongoing commitment to shareholder returns. Additional details about the company’s investment strategy, portfolio, and financial results are typically available in its half-year and full-year reports, as well as Net Tangible Asset (NTA) updates. This dividend announcement did not include portfolio-level financial data.