Is the SOL.AX dividend fully franked, and why does that matter?

Washington H. Soul Pattinson generally pays franked dividends, which may include franking credits that offset tax for eligible Australian investors. Franking can lift the effective after-tax return, turning a 2.7% cash yield into an approximate 3.9% grossed-up yield at current prices. Always check the latest declaration for franking levels, as franking availability depends on profit sources and company tax paid.

What yield can I expect from the SOL.AX dividend today?

On recent pricing around A$38.14 and trailing dividends of about A$1.03 per share, the cash yield is close to 2.7%. With franking credits, the indicative grossed-up yield is around 3.9%, according to recent commentary. Some analysts see scope to roughly 4.1% grossed-up in FY26 if the share price stays near current levels and management maintains its payout trajectory.

How safe is the SOL.AX dividend given current financials?

Balance sheet settings look conservative with low gearing and solid interest coverage. However, the trailing payout ratio on accounting earnings appears high, so dividend capacity relies on look-through cash flows and portfolio distributions. The long record of increases since 1998 supports confidence, but investors should monitor asset-level income, realisations, and management guidance at results to gauge ongoing sustainability.

When is the next key date for SOL.AX income investors?

The next earnings update is scheduled for 17 March 2026. Investors should look for commentary on dividend plans, franking levels, and portfolio cash generation. Any guidance on asset sales, distributions from holdings, or changes in funding costs will inform payout sustainability and potential growth. Price action around the update may also offer more attractive entry points for yield-focused portfolios.

Global Market Insights

SOL.AX Stock Today: January 19 Income Hunt Backs 28-Year Dividend Streak

ByHuzaifa Zahoor January 18, 2026January 18, 2026

The SOL.AX dividend is back in the spotlight as Australian investors chase stable income on 19 January. Washington H. Soul Pattinson’s SOL.AX has lifted dividends every year since 1998, making it a standout among ASX dividend shares. Recent quotes near A$38.14 put the trailing cash yield around 2.7%, while grossed-up yield estimates sit closer to 3.9%. With scope to reach about 4.1% in FY26 at current prices, this steady payer is drawing attention from passive income stocks fans seeking reliable, franked cash flows.