Dicker Data Limited has announced an ordinary dividend of AUD 0.115 per share in respect of the quarter ending 30 June 2026. The distribution is fully franked at the 30% corporate tax rate, offering Australian investors the full benefit of franking credits. The ex-date is 14 August 2026, with a record date of 17 August and payment scheduled for 1 September 2026. This represents a continuation of the company’s quarterly dividend rhythm and signals management confidence in the cash generation capabilities of the technology distributor.
For Australian taxpayers, the full franking is a material feature of this distribution. The 100% franking at the 30% tax rate adds an additional layer of value for Australian investors, as it credits the tax already paid by the company at the corporate level. Investors subject to the top marginal tax rate benefit most directly, though even those in lower brackets gain from the franking offset mechanism that reduces their taxable income relative to the cash received.
The company has established a Dividend Reinvestment Plan (DRP) available to shareholders, which offers a 1% discount on the reinvestment price. The DRP election period runs from now until 17:00 on Tuesday, 18 August 2026, giving shareholders a window to elect reinvestment rather than take the cash distribution. The reinvestment price is calculated using the average share price from 4 August to 17 August 2026. The default option for those who do not make an active election is cash payment, so shareholders must act if they wish to participate in the DRP and capture the 1% discount.
The 1% DRP discount is a modest incentive, but when compounded over multiple quarters, it can contribute meaningfully to total returns for investors who adopt a reinvestment strategy. This structure encourages long-term accumulation while preserving flexibility for those who prefer to take cash distributions. The timing of the DRP election deadline, four days before the record date, provides a tight but manageable window for shareholders to make their decision.
Investors should monitor Dicker Data’s cash position and capital allocation priorities in coming quarters to assess the sustainability of this payout level and any potential for growth. The combination of fully franked distributions and a DRP option makes this holding relevant for Australian retirees and wealth accumulators alike. The announcement has been flagged as price sensitive and material by the ASX.
View the full ASX announcement (PDF)
About Dicker Data Limited (ASX: DDR)
Dicker Data Limited is a wholesale distributor of IT hardware, software, cloud, and IoT solutions for corporate and commercial markets in Australia and New Zealand. Founded in 1978 and headquartered in Kurnell, Australia, the company represents all major technology vendors and provides tailored information technology solutions to businesses across the region.
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