Austal Ltd (ASX: ASB) Share Price and News

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Austal Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $685.72 million
P/E Ratio 8.48
Dividend Yield 4.21%
Shares Outstanding 361.86 million
Earnings per share 0.224
Dividend per share 0.08
Year To Date Return -25.84%
Earnings Yield 11.79%
Franking N/A
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as at 24 Feb 3:44pm

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Austal Ltd (ASX: ASB)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
08 Sep 2021 $0.0400 0.00% Final 21 Oct 2021
17 Mar 2021 $0.0400 0.00% Interim 22 Apr 2021
08 Sep 2020 $0.0500 0.00% Final 22 Oct 2020
16 Mar 2020 $0.0300 0.00% Interim 17 Apr 2020
13 Sep 2019 $0.0300 0.00% Final 15 Oct 2019
19 Mar 2019 $0.0300 0.00% Interim 17 Apr 2019
14 Sep 2018 $0.0300 0.00% Final 10 Oct 2018
14 Mar 2018 $0.0200 0.00% Interim 06 Apr 2018
12 Sep 2017 $0.0200 100.00% Final 06 Oct 2017
14 Mar 2017 $0.0200 100.00% Interim 10 May 2017
13 Sep 2016 $0.0200 100.00% Final 07 Oct 2016
08 Mar 2016 $0.0200 100.00% Interim 29 Mar 2016
22 Sep 2015 $0.0300 100.00% 01 Oct 2015
12 Mar 2015 $0.0100 100.00% 26 Mar 2015
16 Sep 2011 $0.0600 100.00% Final 06 Oct 2011

ASB ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Austal Ltd

Austal Limited (ASX: ASB) is an Australian shipbuilder that designs and constructs commercial and defence vessels across the globe. The company commenced operations in Perth, Western Australia in 1988 and has since gone on to deliver more than 300 vessels for 100 operations in 54 countries.

Austal considers many of the world’s leading ferry operators, navies and defence forces as customers, including the US Navy and Australian Border Force. Along with shipbuilding operations, Austal also provides vessel maintenance and management services, as well as vessel command and control systems.

Since the Austal share price listed on the ASX in 1998, the company has diversified and strengthened its product base and continues to focus on research and development.

ASB Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
22 Oct 2021 $1.90 $0.02 1.06% 1,690,832 $1.88 $1.92 $1.88
21 Oct 2021 $1.88 $-0.02 -1.05% 1,778,940 $1.91 $1.92 $1.88
20 Oct 2021 $1.90 $0.01 0.53% 845,711 $1.90 $1.92 $1.88
19 Oct 2021 $1.89 $-0.01 -0.53% 971,429 $1.90 $1.90 $1.88
18 Oct 2021 $1.90 $0.02 1.06% 950,965 $1.90 $1.91 $1.87
15 Oct 2021 $1.88 $0.00 0.00% 935,765 $1.88 $1.90 $1.88
14 Oct 2021 $1.88 $-0.02 -1.05% 1,672,343 $1.91 $1.92 $1.88
13 Oct 2021 $1.90 $0.00 0.00% 810,828 $1.89 $1.92 $1.89
12 Oct 2021 $1.90 $-0.01 -0.52% 1,748,169 $1.90 $1.91 $1.86
11 Oct 2021 $1.91 $-0.02 -1.04% 1,241,307 $1.93 $1.94 $1.89
08 Oct 2021 $1.93 $0.03 1.58% 1,987,389 $1.92 $1.95 $1.89
07 Oct 2021 $1.90 $-0.03 -1.55% 4,261,524 $1.96 $1.99 $1.90
06 Oct 2021 $1.93 $0.06 3.21% 5,368,961 $1.87 $1.97 $1.83
05 Oct 2021 $1.87 $-0.02 -1.06% 1,400,685 $1.89 $1.90 $1.85
04 Oct 2021 $1.89 $0.02 1.07% 1,103,990 $1.90 $1.92 $1.88
01 Oct 2021 $1.87 $-0.01 -0.53% 1,272,361 $1.88 $1.89 $1.86
30 Sep 2021 $1.88 $0.02 1.08% 2,423,867 $1.86 $1.90 $1.86
29 Sep 2021 $1.86 $0.00 0.00% 3,332,906 $1.84 $1.88 $1.80
28 Sep 2021 $1.86 $0.02 1.08% 1,237,662 $1.84 $1.88 $1.83
27 Sep 2021 $1.85 $-0.01 -0.54% 1,734,134 $1.86 $1.87 $1.79
24 Sep 2021 $1.85 $0.01 0.54% 3,101,546 $1.88 $1.88 $1.84
23 Sep 2021 $1.85 $0.09 5.11% 3,721,564 $1.78 $1.86 $1.78
22 Sep 2021 $1.76 $0.09 5.37% 2,435,706 $1.68 $1.79 $1.67

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
18 Jun 2021 Michael(Mick) McCormack Buy 100 $207,639
On-market trade. Avg Value.
16 Jun 2021 Sarah Adam-Gedge Buy 10 $20,198
On-market trade. Avg Value.
As per announcement on 17/06/2021.
30 Mar 2021 John Rothwell Buy 454 $999,961
On-market trade. Avg price.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Michael(Mick) Joseph McCormack Non-Executive Director Sep 2020
Mr McCormack has over 35 years of experience in Australia's energy infrastructure sector, is acknowledged as a pioneer in the Australian energy industry and was instrumental in transforming Australia's gas delivery system with the development of a world-leading pipeline grid system. He was formally Managing Director and CEO of ASX listed APA Group between 2015-2019. He is recognised for delivering operational efficiency, safety performance excellence, value-adding mergers & acquisition strategies, effective capital allocation, prudent capital management and strong corporate governance principles. He is Chairman of Central Petroleum Limited and a Director of Origin Energy. He is also a director of the Clontarf Foundation and is Chairman of the Australian Brandenburg Orchestra Foundation. He is a member of risk committee.
Mr John Rothwell Non-Executive DirectorNon-Executive Chairman Oct 1987
Mr Rothwell has 50 years of experience in boat and shipbuilding. He identified markets for high speed ferries throughout Asia which resulted in Austal's rapid growth. He saw the potential for US Defense contracts for high speed aluminium naval ships and he led the formation of a new shipyard in Mobile, Alabama in 1999. John was appointed as an Officer of the Order of Australia (AO) in January 2004 for services to the Australian shipbuilding industry, and for significant contributions to vocational education and training. He was named "Australian Entrepreneur of the Year" by Ernst and Young in 2002 and he was awarded the Western Australia Citizen of the Year in the category of Industry and Commerce in 1999.
Mr Christopher (Chris) Charles Indermaur Non-Executive Director Oct 2018
Mr Indermaur has over 30 years of experience in large Australian companies in Engineering and Commercial roles. Amongst these roles he was the Engineering and Contracts Manager for the QNI Nickel Refinery at Yabulu, Company Secretary for QAL and General Manager for Strategy and Development at Alinta Limited. He is a member of risk committee.
Mr Charles Roland Giles Everist Non-Executive Director Nov 2013
Mr Everist has worked for a range of production and service based businesses, within the resources, engineering and construction sectors, both in Australia and overseas in the UK and Africa. He is currently a Non-Executive Director of Norwood Systems and Chief Financial Officer of Capital Limited. He was formerly the Chief Financial Officer and Company Secretary of Monadelphous Group Limited, and Chief Financial Officer of Macmahon Holdings Limited. He has held senior financial executive roles during his career with Rio Tinto in the United Kingdom and Australia, as well as major US design engineering group Fluor Corporation. He has held a number of other Non-Executive Director and Audit & Risk Committee Chair roles with ASX listed companies including Decmil Group Limited, Logicamms Limited and Macmahon Holdings Limited, as well as for a number of private and not for profit organisations. He is chairperson of risk committee.
Mrs Sarah Adam-Gedge Non-Executive Director Aug 2017
Mrs Adam-Gedge has strong consulting, customer experience, digital and technology expertise to Austal through her experience in executive roles in the information technology and consulting sectors. She is currently the Managing Director for Wipro Australia / New Zealand. Previously, Sarah has been the Managing Director of Publicis Sapient Australia, Avanade Australia, Managing Partner and Vice President, Global Business Services at IBM and has also previously held senior executive roles at PwC and Arthur Andersen, leading the development and implementation of numerous digital enterprise transformation engagements across many industries. Sarah has worked extensively across Australia / New Zealand, Asia-Pacific, as well as the Middle East and Africa, and Latin America. She is member of risk committee.
Mr Patrick Anthony Gregg Chief Executive OfficerExecutive Director Jan 2021
Mr Gregg senior leader with project management, manufacturing and business experience acquired within the high technology nuclear defence industry, rail industry and naval shipbuilding industry. Prior to joining Austal, he was the Route Delivery Director (Western) for Network Rail in the United Kingdom. In this role he was responsible for all major infrastructure enhancements and renewals on the Route. He has experience in the naval sector having worked for BAE Systems Submarines, based in Barrow-in-Furness, UK. Paddy was the Head of Project Construction of the second Astute Class hunter killer nuclear submarine. In this role he worked closely with both the Ministry of Defence and Navy to ensure that the project was successfully delivered.
Mr Adrian Strang Company Secretary
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Greg Jason Chief Financial Officer
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Ian McMillan Chief Operating Officer Australasia
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Adrian Strang Company Secretary
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Rusty Murdaugh Interim President USA
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 81,603,760 22.67%
J P Morgan Nominees Australia Pty Limited 60,353,833 16.77%
Citicorp Nominees Pty Limited 38,072,182 10.58%
Austro Pty Ltd 32,761,692 9.10%
BNP Paribas Nominees Pty Ltd 20,355,104 5.66%
National Nominees Pty Ltd 16,011,608 4.45%
ONYX (Wa) Pty Ltd 5,600,000 1.56%
Mr David Singleton 2,650,010 0.74%
Neweconomy Com Au Nominees Pty Ltd 2,245,281 0.62%
Bond Street Custodians Limited 2,238,684 0.62%
Washington H Soul Pattinson And Company Limited 2,090,000 0.58%
UBS Nominees Pty Ltd 2,079,299 0.58%
Mr Gary Heys & Mrs Dorothy Heys 2,044,670 0.57%
Mossisberg Pty Ltd 1,558,029 0.43%
Pacific Custodians Pty Limited 1,041,587 0.29%
Mr William Robert Chambers 1,000,000 0.28%
Lavinia Shipping Limited 961,061 0.27%
Anacacia Pty Limited 950,000 0.26%
Mt Graham Wallace Ray 940,000 0.26%
Netwealth Investments Limited 920,794 0.26%

Frequently Asked Questions

Austal paid its interim dividend for FY20 on 17 April 2020. The dividend payment was 3 cents per share, and was not franked. 

Yes, Austal offers a dividend reinvestment plan (DRP) as an alternative to receiving cash dividends on Austal ordinary shares.

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