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Mineral Resources reports record $1.2b profit and surprise dividend
Mineral Resources Limited (ASX: MIN) has reported a significant financial turnaround for FY26, announcing a record $1.2 billion net profit. This follows an $896 million loss reported in FY25.
Key financial metrics for the year include a 44% increase in revenue to $6.5 billion and an 183% surge in underlying EBITDA to $2.6 billion. The company also declared a fully-franked final dividend of 83 cents per share, which significantly exceeded market expectations of 7 cents per share according to RBC Capital Markets.
The dividend is scheduled to trade ex-dividend on 8 September, with a record date of 9 September and payment on 30 September. The company continues to operate its dividend reinvestment plan (DRP).
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The dividend will trade ex-dividend on 8 September, with a record date of 9 September and payment on 30 September.
- [○ 1 SOURCE] Mineral Resources reported a record $1.2 billion net profit for FY26, recovering from an $896 million loss in FY25. australianminingreview.com.au
- [○ 1 SOURCE] FY26 revenue increased 44% to $6.5 billion, and underlying EBITDA rose 183% to $2.6 billion.
- [○ 1 SOURCE] RBC Capital Markets reported that consensus estimates for the dividend were 7 cents per share.
- [○ 1 SOURCE] The company declared a fully-franked final dividend of 83 cents per share.