Upcoming Dividend • Mar 13
Upcoming dividend of AU$0.05 per share Eligible shareholders must have bought the stock before 19 March 2026. Payment date: 07 April 2026. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (3.1%). Reported Earnings • Feb 27
First half 2026 earnings released: EPS: AU$0.082 (vs AU$0.11 in 1H 2025) First half 2026 results: EPS: AU$0.082 (down from AU$0.11 in 1H 2025). Revenue: AU$364.6m (down 6.7% from 1H 2025). Net income: AU$11.2m (down 30% from 1H 2025). Profit margin: 3.1% (down from 4.1% in 1H 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Declared Dividend • Feb 26
First half dividend reduced to AU$0.05 Dividend of AU$0.05 is 38% lower than last year. Ex-date: 19th March 2026 Payment date: 6th April 2026 Dividend yield will be 3.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 20% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.2% EPS decline seen over the last 5 years. Board Change • Jan 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 25
K&S Corporation Limited to Report First Half, 2026 Results on Feb 24, 2026 K&S Corporation Limited announced that they will report first half, 2026 results on Feb 24, 2026 Buy Or Sell Opportunity • Oct 31
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at AU$3.37. The fair value is estimated to be AU$2.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%. Announcement • Oct 22
K&S Corporation Limited, Annual General Meeting, Nov 25, 2025 K&S Corporation Limited, Annual General Meeting, Nov 25, 2025. Location: at 591 boundary road, truganina, victoria, Australia Upcoming Dividend • Oct 09
Upcoming dividend of AU$0.08 per share Eligible shareholders must have bought the stock before 16 October 2025. Payment date: 04 November 2025. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Australian dividend payers (5.5%). Higher than average of industry peers (3.0%). Buy Or Sell Opportunity • Oct 08
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at AU$3.40. The fair value is estimated to be AU$2.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%. Buy Or Sell Opportunity • Sep 04
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at AU$3.42. The fair value is estimated to be AU$2.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%. Declared Dividend • Aug 27
Final dividend of AU$0.08 announced Dividend of AU$0.08 is the same as last year. Ex-date: 16th October 2025 Payment date: 4th November 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 26
Full year 2025 earnings released: EPS: AU$0.21 (vs AU$0.23 in FY 2024) Full year 2025 results: EPS: AU$0.21 (down from AU$0.23 in FY 2024). Revenue: AU$744.8m (down 9.7% from FY 2024). Net income: AU$29.2m (down 6.5% from FY 2024). Profit margin: 3.9% (up from 3.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 25
K&S Corporation Limited Announces Dividend for the Period of Six Months Ending June 30,2025, Payable on November 4, 2025 K&S Corporation Limited announced dividend of AUD 0.08000000 for the period of six months ending June 30,2025. Ex date: October 16, 2025, Record date: October 17, 2025. Payment date: November 4, 2025. Announcement • Mar 27
K&S Corporation Limited (ASX:KSC) announces an Equity Buyback. K&S Corporation Limited (ASX:KSC) announces a share repurchase program. Under the offer, the company will repurchase from the shareholders who hold less than AUD 500 worth of shares. The shares will be repurchased at AUD 3.601 per share. The repurchased shares will be cancelled. The record date for the offer is March 21, 2025. The offer will be valid till May 12, 2025. Upcoming Dividend • Mar 16
Upcoming dividend of AU$0.08 per share Eligible shareholders must have bought the stock before 20 March 2025. Payment date: 03 April 2025. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Australian dividend payers (6.5%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 03
First half 2025 earnings released: EPS: AU$0.11 (vs AU$0.12 in 1H 2024) First half 2025 results: EPS: AU$0.11 (down from AU$0.12 in 1H 2024). Revenue: AU$390.6m (down 9.0% from 1H 2024). Net income: AU$16.1m (down 3.1% from 1H 2024). Profit margin: 4.1% (up from 3.9% in 1H 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Feb 27
First half dividend of AU$0.08 announced Shareholders will receive a dividend of AU$0.08. Ex-date: 20th March 2025 Payment date: 3rd April 2025 Dividend yield will be 4.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 18x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,955% to bring the payout ratio under control, which is more than the 24% EPS growth achieved over the last 5 years. New Risk • Feb 27
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Dividend per share is over 18x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Oct 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.2% to AU$3.29. The fair value is estimated to be AU$4.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 29%. Upcoming Dividend • Oct 10
Upcoming dividend of AU$0.08 per share Eligible shareholders must have bought the stock before 17 October 2024. Payment date: 04 November 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (2.8%). Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 29
Final dividend of AU$0.08 announced Dividend of AU$0.08 is the same as last year. Ex-date: 17th October 2024 Payment date: 4th November 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 65% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: AU$0.23 (vs AU$0.21 in FY 2023) Full year 2024 results: EPS: AU$0.23 (up from AU$0.21 in FY 2023). Revenue: AU$834.0m (down 1.8% from FY 2023). Net income: AU$31.2m (up 9.1% from FY 2023). Profit margin: 3.7% (up from 3.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 26% per year. Announcement • Aug 27
K&S Corporation Limited Declares Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on 4 November 2024 K&S Corporation Limited announced ordinary fully franked ordinary dividend of AUD 0.08000000 per share for the six months ended June 30, 2024. Ex-date is October 17, 2024. Record date is October 18, 2024. Payment date is November 4, 2024. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AU$2.91, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 17x in the Logistics industry in Oceania. Total returns to shareholders of 128% over the past three years. Buy Or Sell Opportunity • Mar 21
Now 23% undervalued Over the last 90 days, the stock has risen 39% to AU$3.54. The fair value is estimated to be AU$4.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 16%. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AU$3.85, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 16x in the Logistics industry in Oceania. Total returns to shareholders of 222% over the past three years. Upcoming Dividend • Mar 14
Upcoming dividend of AU$0.10 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 03 April 2024. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (3.1%). Reported Earnings • Feb 23
First half 2024 earnings released: EPS: AU$0.12 (vs AU$0.12 in 1H 2023) First half 2024 results: EPS: AU$0.12 (up from AU$0.12 in 1H 2023). Revenue: AU$429.4m (down 2.4% from 1H 2023). Net income: AU$16.6m (up 8.1% from 1H 2023). Profit margin: 3.9% (up from 3.5% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Feb 23
First half dividend of AU$0.10 announced Shareholders will receive a dividend of AU$0.10. Ex-date: 21st March 2024 Payment date: 3rd April 2024 Dividend yield will be 6.0%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 3.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Oct 11
Upcoming dividend of AU$0.08 per share at 7.3% yield Eligible shareholders must have bought the stock before 18 October 2023. Payment date: 03 November 2023. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (3.3%). Reported Earnings • Aug 23
Full year 2023 earnings released: EPS: AU$0.21 (vs AU$0.13 in FY 2022) Full year 2023 results: EPS: AU$0.21 (up from AU$0.13 in FY 2022). Revenue: AU$848.9m (up 9.4% from FY 2022). Net income: AU$28.6m (up 64% from FY 2022). Profit margin: 3.4% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 22
K&S Corporation Limited Declares Fully Franked Dividend for the Six Months Ended June 30, 2023, Payable on 3 November 2023 K&S Corporation Limited announced ordinary fully franked ordinary dividend of AUD 0.08000000 per share for the six months ended June 30, 2023. Ex-date is October 18, 2023. Record date is October 19, 2023. Payment date is November 3, 2023. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to AU$2.49, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 12x in the Logistics industry in Oceania. Total returns to shareholders of 99% over the past three years. Upcoming Dividend • Mar 14
Upcoming dividend of AU$0.10 per share at 7.9% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 03 April 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 7.9%. Within top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$2.55, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 14x in the Logistics industry in Oceania. Total returns to shareholders of 89% over the past three years. Reported Earnings • Feb 22
First half 2023 earnings released: EPS: AU$0.12 (vs AU$0.064 in 1H 2022) First half 2023 results: EPS: AU$0.12 (up from AU$0.064 in 1H 2022). Revenue: AU$439.7m (up 17% from 1H 2022). Net income: AU$15.4m (up 81% from 1H 2022). Profit margin: 3.5% (up from 2.3% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$2.24, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 16x in the Logistics industry in Oceania. Total returns to shareholders of 69% over the past three years. Upcoming Dividend • Oct 11
Upcoming dividend of AU$0.05 per share Eligible shareholders must have bought the stock before 18 October 2022. Payment date: 03 November 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (3.0%). Buying Opportunity • Sep 26
Now 27% undervalued Over the last 90 days, the stock is up 9.7%. The fair value is estimated to be AU$2.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Earnings per share has grown by 47%. Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: AU$0.13 (vs AU$0.14 in FY 2021) Full year 2022 results: EPS: AU$0.13 (down from AU$0.14 in FY 2021). Revenue: AU$783.7m (up 13% from FY 2021). Net income: AU$17.4m (down 3.9% from FY 2021). Profit margin: 2.2% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Aug 25
K&S Corporation Limited Declares Final Dividend for the Year Ended 30 June 2022, Payable on 3 November 2022 K&S Corporation Limited declares final dividend of 5.0 cents for the year ended 30 June 2022, payable on 3 November 2022. Record date for determining entitlements to the dividend 19 October 2022. Upcoming Dividend • Mar 14
Upcoming dividend of AU$0.045 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 01 April 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.1%. Lower than top quartile of Australian dividend payers (5.8%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 23
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.064 (down from AU$0.14 in 1H 2021). Revenue: AU$374.7m (up 3.7% from 1H 2021). Net income: AU$8.47m (down 51% from 1H 2021). Profit margin: 2.3% (down from 4.7% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 22
K&S Corporation Limited Announces Ordinary Interim Dividend for the Six Months Ended December 31, 2021, Payable on April 1, 2022 K&S Corporation Limited announced the ordinary interim dividend of 4.5 cents per share for the six months ended December 31, 2021. The dividend will be payable on April 1, 2022, with a record date of March 22, 2022. Upcoming Dividend • Oct 11
Upcoming dividend of AU$0.035 per share Eligible shareholders must have bought the stock before 18 October 2021. Payment date: 03 November 2021. Trailing yield: 4.0%. Lower than top quartile of Australian dividend payers (5.3%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 27
Full year 2021 earnings released: EPS AU$0.14 (vs AU$0.087 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$692.0m (down 13% from FY 2020). Net income: AU$18.1m (up 63% from FY 2020). Profit margin: 2.6% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Announcement • Feb 24
K&S Corporation Limited Provides Update on the Earnings Guidance for the Second Half of 2020 K&S Corporation Limited providing specific earnings guidance for the second half remains difficult, particularly having regard to the uncertainties created by COVID-19. It is not possible to predict with any certainty the extent or duration of COVID-19 related impacts on the Australian and New
Zealand economies or upon the Group itself. Is New 90 Day High Low • Feb 08
New 90-day high: AU$1.57 The company is up 24% from its price of AU$1.27 on 03 November 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: AU$1.49 The company is up 15% from its price of AU$1.29 on 30 September 2020. The Australian market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Logistics industry, which is up 37% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: AU$1.41 The company is up 15% from its price of AU$1.23 on 08 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Logistics industry, which is up 31% over the same period. Upcoming Dividend • Oct 12
Upcoming Dividend of AU$0.03 Per Share Will be paid on the 3rd of November to those who are registered shareholders by the 19th of October. The trailing yield of 4.6% is below the top quartile of Australian dividend payers (5.5%), but it is higher than industry peers (1.6%). Announcement • Jul 18
K&S Corporation Limited to Report Fiscal Year 2020 Results on Aug 28, 2020 K&S Corporation Limited announced that they will report fiscal year 2020 results at 3:55 AM, GMT Standard Time on Aug 28, 2020