Upcoming Dividend Stocks on ASX in 2025
has reported steady financial performance for the first half of 2025 with statutory net profit after tax of $17.3M which is consistent with the prior period. The group recorded adjusted EBITDA of $64.4M reflecting a 3.9% decline primarily due to divestments and ongoing investments in next generation wealth technology. The company achieved growth in its continuing business with revenue increasing 6.8% and adjusted EBITDA up 8.7%, driven by strong performances in its Global Trading & Market Data and UK wealth segments.
Iress announced a fully franked interim dividend of $0.11 per share payable in September 2025. The company successfully streamlined its portfolio through asset sales and significantly strengthened its balance sheet and reduced debt. It also reaffirmed its FY25 guidance and highlighted its focus on leveraging cloud and AI technologies to drive future growth across core businesses and new revenue streams.
Lendlease Trust (ASX: LLC)
has reported a strong financial year for the period ending 30 June 2025 recording a profit after tax of $55.6M compared to a loss of $41.4M in the prior year. The Trust’s total comprehensive income including foreign currency translation gains was $91.2M. Distributions declared for the year amounted to $87.1 million with a final distribution of $45.4 million payable in September 2025. Cash and cash equivalents rose slightly to $64.0M.
Key investments include holdings in Lendlease Global Commercial REIT and other financial assets valued at $901M. The Trust’s net assets increased marginally to $1.74B. The financial position remains strong which is supported by stable cash flows from operations of $86.3M and a robust balance sheet with no significant liquidity risk. The Trust continues to comply with environmental regulations and maintains sound risk management practices.
MyState Limited (ASX: MYS)
has reported strong growth following its merger with Auswide Bank highlighting a 17% increase in underlying profit after tax to $41.3M for FY25. The Group’s total operating income rose 22.4% to $186.6M which is supported by a 62% increase in customer home loans to $12.9B and a 71% rise in customer deposits to $10.1B. Core earnings grew 16.1% while the net interest margin slightly improved to 1.47%. Integration synergies of $8.4M were achieved within the first four months with further cost savings anticipated over the next three years.
The Board declared a fully franked final dividend of 11.0 cents per share payable in September 2025 with a Dividend Reinvestment Plan offering a 1.5% discount. Operational investments continued across the Group's businesses including digital banking platform upgrades and partnerships such as with Elders for rural banking products supporting future growth and efficiency gains.
Vicinity Centres Trust (ASX: VCX)
reported a robust financial performance for the year ended 30 June 2025 with a statutory net profit after tax of $1,046.4M, up $497.4M from the prior year. This growth was largely driven by a $439.6M revaluation increment on its investment properties, a share of net profit from equity accounted investments of $48.7M, and a higher net mark-to-market gain on derivatives, partially offset by a net foreign exchange loss on interest-bearing liabilities. Total revenue rose to $1,277.3M, underpinned by lease rental income of $970.8M and property outgoings recoveries. The Trust’s total assets increased to $16.36B, supported by strategic acquisitions and capital investments.
The Board declared a full year distribution of 12.00 cents per unit totaling $546.9M, comprising a final distribution of 6.05 cents per unit payable in September 2025 with an active Dividend Reinvestment Plan offering a 1% discount. The Trust maintains strong liquidity and a diversified funding profile supported by $1.7B in undrawn facilities and disciplined capital management to mitigate interest rate, foreign exchange, liquidity and credit risks.
AGL Energy Limited (ASX: AGL)
has reported a statutory loss of $98M for FY25 impacted by significant items amounting to $596M after tax including increased onerous contracts and retail transformation costs. Despite this, the company delivered an underlying EBITDA of $2.01B and an underlying net profit of $640M reflecting a 9% and 21% decline respectively compared to FY24. The company highlighted strong operational resilience with continued growth in battery storage capacity, enhanced customer base and investments aligned with its energy transition goals. A fully franked final dividend of 25 cents per share was declared contributing to a total dividend of 48 cents per share for FY25.
Looking forward, AGL expects underlying EBITDA for FY26 to range between $1.92B and $2.22B supported by improved asset availability and customer growth. The company remains committed to its climate transition agenda, progressing substantial investments in renewables and storage including significant battery projects like Liddell and Tomago. The robust capital management approach supports ongoing initiatives while maintaining shareholder returns through disciplined dividend policy
(Source: Company Announcements)
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