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 $791.03 million
P/E Ratio 7.74
Dividend Yield 4.17%
Shares Outstanding 359.49 million
Earnings per share 0.279
Dividend per share 0.09
Year To Date Return -17.60%
Earnings Yield 12.92%
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
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
23 Jul 2021 $2.20 $0.04 1.85% 904,051 $2.15 $2.21 $2.14
22 Jul 2021 $2.16 $-0.01 -0.46% 925,256 $2.17 $2.19 $2.13
21 Jul 2021 $2.17 $0.00 0.00% 1,035,767 $2.17 $2.21 $2.16
20 Jul 2021 $2.17 $0.00 0.00% 1,087,693 $2.13 $2.19 $2.11
19 Jul 2021 $2.17 $-0.02 -0.91% 2,395,033 $2.20 $2.25 $2.17
16 Jul 2021 $2.19 $0.09 4.29% 2,373,514 $2.08 $2.20 $2.07
15 Jul 2021 $2.10 $-0.01 -0.47% 490,144 $2.11 $2.11 $2.08
14 Jul 2021 $2.11 $0.06 2.93% 2,376,851 $2.06 $2.11 $2.06
13 Jul 2021 $2.05 $0.01 0.49% 1,405,983 $2.05 $2.08 $2.04
12 Jul 2021 $2.04 $-0.01 -0.49% 2,281,554 $2.06 $2.07 $2.02
09 Jul 2021 $2.05 $-0.06 -2.84% 3,261,732 $2.09 $2.09 $2.05
08 Jul 2021 $2.11 $0.02 0.96% 1,238,106 $2.10 $2.14 $2.09
07 Jul 2021 $2.09 $0.00 0.00% 1,379,722 $2.08 $2.11 $2.07
06 Jul 2021 $2.09 $0.01 0.48% 1,239,054 $2.08 $2.11 $2.06
05 Jul 2021 $2.08 $0.02 0.97% 1,909,587 $2.07 $2.12 $2.06
02 Jul 2021 $2.06 $-0.02 -0.96% 2,864,704 $2.08 $2.11 $2.03
01 Jul 2021 $2.08 $0.03 1.46% 939,988 $2.07 $2.10 $2.06
30 Jun 2021 $2.05 $-0.04 -1.91% 2,140,977 $2.10 $2.11 $2.04
29 Jun 2021 $2.09 $0.03 1.46% 1,855,439 $2.08 $2.10 $2.05
28 Jun 2021 $2.06 $0.00 0.00% 1,627,923 $2.06 $2.09 $2.03
25 Jun 2021 $2.06 $0.00 0.00% 1,808,007 $2.07 $2.12 $2.05

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.
24 Sep 2020 David Singleton Sell 127 $412,925
As advised by the company. VWAP.
Return of shares to the share plan trustee following incorrect issue of FY2020 STI Rights.
2,551,164 (including 28,600 shares held indirectly)
02 Sep 2020 David Singleton Issued 1 $4,874,316
Conversion of securities. VWAP.
As per announcement on 03/09/2020.
There is no transaction reported for the conversion of rights.
2,678,610 (including 28,600 shares held
indirectly).
19 Aug 2020 Sarah Adam-Gedge Issued 3 $12,048
Issue of securities. Avg value.
32,989 - share rights

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 is an experienced executive and has more than 35 years of experience in the infrastructure sector. He was previously worked as Chief Executive Officer of Australia's natural gas infrastructure business, APA Group, for 15 years. At APA Group, he oversaw the development of its pipeline grid system and the introduction of technologies such as bi-directional flows and gas storage flexibility. Prior to joining APA Group in 2000, Mr McCormack served in various management roles at ASX-listed AGL Energy. Mr McCormack is currently a Non-Executive Director at Central Petroleum and a Director at the Clontarf Foundation and the Australian Brandenburg Orchestra Foundation. He was previously a Director of Envestra Ltd (now part of the Australian Gas Infrastructure Group), the Australian Pipeline Industry Association (now Australian Pipelines and Gas Association), and the Australian Brandenburg Orchestra.
Mr John Rothwell Non-Executive DirectorNon-Executive Chairman Oct 1987
Mr Rothwell has 50 years of experience in boat and shipbuilding. He was founding Managing Director of Austal and was the. John led the formation of a new shipyard in Mobile, Alabamain 1999.
Mr Christopher Charles Indermaur Non-Executive Director Oct 2018
Mr Indermaur has over 30 years of experience 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. Chris is also a Director of Austin Engineering Limited. He is Member of Risk Committee.
Mr Charles Roland Giles Everist Non-Executive Director Nov 2013
Mr Everist has over his 30 years career. He has worked for production and service based businesses, within the resources, engineering and construction sectors, both in Australia and overseas in the UK and Africa. Giles is currently a Non-Executive Director of Norwood Systems and Chief Financial Officer of Macmahon Holdings Limited. He was formerly the Chief Financial Officer and Company Secretary of Monadelphous Group Limited between 2003 and 2009. He has held senior financial executive roles with Rio Tinto in the United Kingdom and Australia, as well as FluorCorporation. Giles has held a number of other Non-Executive Director and Audit & Risk Committee Chair roles with number of private and not for profit organisations. Giles is Risk Committee Chair.
Mrs Sarah Adam-Gedge Non-Executive Director Aug 2017
Mrs Adam-Gedge has consulting, customer, digital and technology experience in executive roles in the information technology and consulting sectors. Sarah is currently the Managing Director for Publicis Sapient Australia. Previously, she has been the Managing Director of 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. Sarah has worked across Asia-Pacific, as well as the Middle East and Africa, and Latin America. She is a member of the Diversity Council for the Australian Computer Society, was previously a Non-Executive Director, and Chair of the Finance, Audit and Risk Committee for Ovarian Cancer Australia. She is Member of Risk Committee.
Mr Patrick Anthony Gregg Chief Executive OfficerExecutive Director Jan 2021
Mr Gregg has experience in the maritime defence sector and broader transportation industry. As COO, Mr Gregg has been responsible for major strategic investment in Austal's shipbuilding facilities in the Philippines and establishing the new operational shipyard in Vietnam. Prior to joining Austal, he served in several senior project manager roles at BAE Systems. While at BAE Systems, he oversaw the development and delivery of a nuclear submarine project was the project manager in a strategic initiative. He has also held senior project management roles at Network Rail, which is the owner and infrastructure manager of most of the railway network in Great Britain.
Mr Adrian Strang Company Secretary
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Greg Jason Chief Financial Officer
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Adrian Strang Company Secretary
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Craig Perciavalle President - USA
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 109,222,966 30.62%
J P Morgan Nominees Australia Pty Limited 75,729,127 21.23%
Austro Pty Ltd 32,307,692 9.06%
Citicorp Nominees Pty Limited 31,868,745 8.93%
National Nominees Limited 27,102,862 7.60%
Bnp Paribas Nominees Pty Ltd 15,528,229 4.35%
Onyx (WA) Pty Ltd 5,600,000 1.57%
Sandhurst Trustees Ltd 2,168,506 0.61%
Mr Garry Heys + Mrs Dorothy Heys 2,044,670 0.57%
Mr William Robert Chambers 2,000,000 0.56%
Mossisberg Pty Ltd 1,501,577 0.42%
Mr David Singleton 1,222,721 0.34%
Viarbont Nominees Pty Ltd 1,007,177 0.28%
Lavinia Shipping Limited 991,000 0.28%
Morgan Stanley Australia Securities (Nominee) Pty Limited 981,858 0.28%
Cs Third Nominees Pty Limited 921,700 0.26%
Kenny Nominees (Nt) Pty Ltd 857,881 0.24%
Pacific Custodians Pty Limited 844,072 0.24%
Washington H Soul Pattinson and Company Limited 640,000 0.18%
AMP Life Limited 582,567 0.16%

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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