Sandon Capital Investments (ASX:SNC) announced a sound performance for the half-year ended Dec. 31, 2025, posting a total shareholder return of 17.1%.
The growth was fueled by a $4.2 million net profit after tax and a sharp 18.7% rise in dividend income, which reached $8.8 million.
Perhaps most notably for investors, the company successfully narrowed its share price discount to net tangible assets from 16.2% down to a lean 5.9%.
Sandon has transitioned to monthly fully franked dividend payments.
The board confirmed a dividend of 0.47 cents per share for the upcoming months of January through March 2026.
On an annualised basis, this equates to 5.64 cents per share, representing an attractive 6.4% yield—which climbs to 8.5% when accounting for the value of franking credits at the company’s 25% corporate tax rate.
The company maintains a healthy financial cushion, reporting profit reserves of 44.8 cps and a franking balance of 7.5 cents per share as of late January.
For those looking to capitalise on the new schedule, the next "ex-date" is set for March 12, with payment following on March 31.
At the time of reporting, Sandon Capital Investments' share price was $0.87.