Guess which $15 billion ASX 200 stock just rocketed 8% on record dividend news

Investors are piling into the ASX 200 stock today following its FY25 results. Here's why.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) has clawed back early morning losses to be just about flat at the time of writing, with plenty of thanks to this rocketing ASX 200 stock.

The fast-rising stock in question is diversified property development company Stockland Corp Ltd (ASX: SGP).

Stockland shares closed yesterday trading for $5.72. In late morning trade, shares are changing hands for $6.17 apiece, up 7.8%.

With 2.4 billion shares outstanding, that gives the ASX 200 stock a market cap of $14.8 billion.

This strong performance follows the release of Stockland's full-year FY 2025 results.

Here's what is spurring ASX investor interest today.

Stock market chart in green with a rising arrow symbolising a rising share price.

Image source: Getty Images

ASX 200 stock leaps on profit and dividend growth

The Stockland share price is soaring after the company reported a 170.6% year-over-year increase in statutory profit to $826 million.

Post-tax Funds From Operations (FFO) of $808 million were up 2.8% from FY 2024, with the ASX 200 stock achieving FFO per share of 33.9 cents.

And Net Tangible Assets (NTA) per share of $4.22, were up from $4.12 per share at 30 June 2024.

The strong results led to a final unfranked dividend of 17.2 cents per share, marking an all-time high final dividend. Eligible investors can expect to receive that passive income payout on 29 August.

This brings Stockland's full-year payout to 25.2 cents per share, compared with 24.6 cents per share in FY 2024.

The ASX 200 stock said the results were driven by a strong contribution from its Masterplanned Communities (MPC) and growing fee income from partnerships across MPC, Commercial Development, and Land Lease (LLC).

Stockland ended the financial year with gearing of 25.2% and liquidity of around $2.9 billion.

What did management say?

Commenting on the results sending the ASX 200 stock flying higher today, Stockland CEO Tarun Gupta said, "Our FY25 financial result was at the top end of our guidance range, and we expect strong earnings growth in FY26."

Gupta added:

The acquired MPC portfolio is performing ahead of our acquisition assumptions, delivering FY25 settlement volumes above our expectations with new releases from the portfolio being met with strong customer demand.

Building on the two logistics partnerships announced in 1H25, we formed a strategic partnership with John Boyd Properties to redevelop a prime 18.3-hectare site, adjacent to Sydney Airport, into a world-class logistics hub with an expected end development value of >$3.5 billion.

What's ahead for the ASX 200 stock?

Looking at what could impact Stockland shares in the year ahead, the property developer provided FY 2026 guidance of FFO per share of between 36.0 and 37.0 cents, with a "slightly smaller" weighting to the second half than we saw in FY 2025.

Stockland expects its FY 2026 dividend payouts to be in line with FY 2025 at 25.2 cents per share.

Commenting on the outlook for the ASX 200 stock, Gupta said, "We have positioned the business for a step-change increase in production from FY26, providing more housing solutions in an undersupplied market."

He added, "We have also established multiple drivers of sustainable growth in future periods, including capital efficient, longer-term residential and logistics projects secured during FY25."

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Earnings Results

Doctor doing a telemedicine using laptop at a medical clinic
Earnings Results

Guess which ASX 200 stock is jumping 9% on FY26 results

This medical device company has released its FY 2026 results. Let's see what it reported.

Read more »

A man sitting in an aeroplane seat holds the top of his head as he looks at his airline ticket with an annoyed, angry expression on his face.
Earnings Results

Webjet shares crash 15% as Virgin Australia blow hits outlook

Webjet shares are under heavy pressure after its latest update.

Read more »

A man sitting at his desktop computer leans forward onto his elbows and yawns while he rubs his eyes as though he is very tired.
Earnings Results

James Hardie shares tumble on FY26 profit crunch

Investors have been hitting the sell button on Wednesday. Let's find out why.

Read more »

a man in a green and gold Australian athletic kit roars ecstatically with a wide open mouth while his hands are clenched and raised as a shower of gold confetti falls in the sky around him.
Earnings Results

Why are Catapult Sport shares jumping 18% today?

This sports technology company has delivered a stronger than expected FY 2026 result.

Read more »

A man holds his head in his hands, despairing at the bad result he's reading on his computer.
Earnings Results

Which ASX 200 share is crashing 22% on half-year results?

Let's see why investors are hitting the sell button on Monday.

Read more »

A man in a suit looks surprised as he looks through binoculars.
Earnings Results

Guess which ASX 200 stock is dropping despite record quarterly profit

It was a record-breaking quarter for this company.

Read more »

A woman sits at her computer with her hand to her mouth and a contemplative smile on her face as she reads about the performance of Allkem shares on her computer
Earnings Results

Why Xero shares are falling despite a big jump in revenue

Xero shares are under pressure as Melio costs weigh on profit.

Read more »

A man looking at his laptop and thinking.
Earnings Results

ASX 200 stock crashes 12% on half-year results

Profit is down but its guidance has been reaffirmed.

Read more »