SYDNEY, June 29, 2026, 08:01 AEST
- Charter Hall Group ASX:CHC will go ex-dividend on its 25.84-cent final distribution Monday, or 1.09% of Friday’s A$23.62 finish.
- The stock is up 3.55% from the price when the payout was released on June 22, and it’s gained 22.19% since the May 25 OEPS upgrade.
- Charter Hall is guiding for a FY26 dividend per share of 50.67 cents, or roughly 49% of its revised 103.0-cent OEPS forecast. The FY26 outlook does not include any performance fees.
Charter Hall Group ASX:CHC heads into Monday’s open with a slightly higher cash balance, but the bigger issue is how much of its rally this month will stick after the stock goes ex-distribution. As of the dateline, trading in Sydney hadn’t yet started—ASX cash trading opens at 09:59:45 local time—and June 29 isn’t marked as a 2026 closure for the ASX cash market.
Charter Hall ended the session on June 26 at A$23.62, up 1.03%. Shares hit an intraday high of A$23.66. The stock is now 8.98% off its 52-week high of A$25.95 and 29.9% above its 52-week low of A$18.18.
The final payout for Monday comes in at 25.84 cents a security. MarketIndex puts the grossed-up amount at 34.7 cents, with around 80% franking. Based on Friday’s close, cash entitlement is 1.09%, or 1.47% grossed up for those eligible.
| Measure | Latest figure | Market read |
|---|---|---|
| Final distribution, ex June 29 | 25.84 cents | 1.09% of Friday’s finish |
| Grossed-up final distribution | 34.7 cents | 1.47% of Friday’s price |
| FY26 distribution | 50.67 cents | Up 6.0% vs FY25 |
| FY26 OEPS guide | 103.0 cents | Stock trading at about 23 times guidance |
| DPS/OEPS guide | 49.2% | Retention supports platform expansion |
Shares have run past the distribution payout. Intelligent Investor numbers show Charter Hall was at A$22.81 when the June 22 distribution was announced; by Friday’s close, the stock was up 3.55% over that. Shares are now 22.19% higher than the May 25 level, when updated FY26 operating earnings per security guidance came out.
Listed property makes a better comparison. Trading Economics showed Charter Hall up 23.02% over the past 12 months as of June 26. The S&P/ASX 200 A-REIT index, tracked by S&P Dow Jones Indices, came in at 1,751.65 with a one-year return of minus 3.55%. That’s a gap of 26.6 percentage points.
| Asset or index | Latest cited level | One-year or day move |
|---|---|---|
| Charter Hall Group ASX:CHC | A$23.62 | up 23.02% for the year |
| S&P/ASX 200 A-REIT index | 1,751.65 | down 3.55% for the year |
| S&P/ASX 200 | 8,764.20 close | added 0.18% June 26 |
The gap is important since Charter Hall is trading more like a property funds manager with growth rather than just a standard landlord. The ex-distribution price is clearer for tracking that premium. Take out the 25.84-cent entitlement from Friday’s close and you get A$23.36. If it holds up, most of the late June re-rating sticks.
Charter Hall bumped up its FY26 OEPS outlook to 103.0 cents from 100.0 cents on May 25 after booking A$6.5 billion in gross equity inflows so far this year. Property funds management climbed to A$74.7 billion from A$71.7 billion at Dec. 31. Managing Director and Group CEO David Harrison said FY26 could be the group’s “strongest year of capital raising” and these inflows usually “support earnings growth in subsequent periods.” Corporate
Charter Hall’s first-half FY26 numbers were already ahead of the same time last year. The company posted operating earnings of A$238.8 million, OEPS at 50.5 cents, and raised its interim distribution by 6% to 24.8 cents. Group funds under management hit A$92.2 billion, with A$73.6 billion in property FUM. Harrison said this half’s inflow marked the “highest level of semi-annual gross equity inflows” for property funds in 30 years. Corporate
Charter Hall shares are now closer to the average analyst price target. MarketScreener has 11 analysts covering the stock, with an average target at A$23.99. Targets range from A$20.50 to as high as A$33.83. The stock last closed at A$23.62.
The first Monday price bands set up clean. A$23.36 comes from Friday’s close minus the last distribution. Thursday’s close was A$23.38. Wednesday’s, A$23.16. Trading below those numbers means giving back more than the cash entitlement. Staying above leaves the May guidance upgrade in play.
