** Shares of Australia's REA Group REA.AX gains as much as 9.7% to A$261.05, marks biggest intraday gain since November 11, 2022

** REA clinches second top gainer position on Australia's S&P/ASX 200 index .AXJO, which is up 0.6% ** Stock at its highest level since May 21 ** The digital advertiser in real estate posts FY net income of A$564 mln ($365.30 mln) and FY revenue of A$1.67 bln

** Co hikes dividend payout to A$1.38/share

** Revenue and profit come in higher than last year

** Says expects FY26 capex/revenue within target range of 7%-9% ** Stock last up 7.6%, bringing YTD gains to 9.7%

($1 = 1.5439 Australian dollars)

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.SinghChundawat@thomsonreuters.com))