Dexus Fiscal H1 AFFO Ticks Up, Revenue Declines; Declares Share Buyback

MT Newswires Live
02/18

Dexus (ASX:DXS) reported Wednesday fiscal 2026 adjusted funds from operations of AU$0.236 per security, slightly up from AU$0.234 a year earlier.

Revenue for the six months ended Dec. 31 was AU$360 million, compared with AU$434.7 million a year earlier.

The company reiterated its fiscal 2026 adjusted funds from operations outlook of AU$0.445 per security to AU$0.455 per security.

Analysts polled by FactSet expect AFFO of AU$0.45 per security.

Dexus announced an on-market securities buyback program of up to 10% of its securities over the coming year.

The board declared an interim dividend of AU$0.193 per share, down from AU$0.190 a year earlier, payable Feb. 27 to shareholders on record as of Dec. 31.

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