Austal Ltd (ASX: ASB) Share Price and News

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Austal Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $837.24 million
P/E Ratio 155.33
Dividend Yield 3.00%
Shares Outstanding 362.44 million
Earnings per share 0.015
Dividend per share 0.07
Year To Date Return 14.78%
Earnings Yield 0.64%
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as at 24 Feb 3:44pm

  • Austal Ltd (ASX: ASB)
    Latest News

    ASX shares COVID the words crash with a declining arrow on top
    Share Fallers

    Why Austal, Cettire, Leigh Creek Energy, & McPherson's are sinking today

    It hasn't been a good start to the week for these ASX shares...

    Read more »

    Australian dollar ASX 200 shares sinking paper boat with dollar sign flag taking in water
    Share Market News

    Austal (ASX: ASB) share price down 8% after earnings downgrade

    The shipbuilder's share price is plunging to two-year lows. Let's take a look.

    Read more »

    A share market investment manager monitors share price movements on his mobile phone and laptop
    Share Market News

    Quarterly rebalance: Appen kicked out of ASX 100, Uniti added to ASX 200

    A number of shares will be on watch on Tuesday after S&P Dow Jones Indices announced its quarterly changes to…

    Read more »

    Smiling man with phone in wheelchair watching stocks and trends on computer
    Share Market News

    5 things to watch on the ASX 200 on Tuesday

    It looks set to be a busy start to the week for the ASX 200...

    Read more »

    bull market encapsulated by bull running up a rising stock market price
    Share Market News

    ASX 200 rises, Woolworths acquisition approved, Austal in rough waters

    It was another day of growth for the ASX 200.

    Read more »

    Judge's gavel and justice scales
    Share Market News

    ASX company, ex-CEO accused of failing to reveal massive earnings downgrade

    ASIC alleges shipbuilding business of failing to tell the public in 2016 that its previous profit forecast had turned into…

    Read more »

    US navy ship at sea
    Industrials Shares

    Why the Austal (ASX:ASB) share price is rising today

    Austal has announced its second contract this week with the US Navy.

    Read more »

    navy ship sailing at dusk
    Industrials Shares

    Why the Austal (ASX:ASB) share price is moving up today

    Could this new contract award be the start of a turnaround for the shipbuilder's shares?

    Read more »

    A ship captain looking through a pair of binoculars.
    Industrials Shares

    Austal (ASX:ASB) share price lower despite new contract bid

    The shipbuilder's shares are struggling to float despite news of a new contract opportunity.

    Read more »

    US navy ship sailing along at at sunset
    Industrials Shares

    Why the Austal (ASX:ASB) share price is edging higher

    Shares in shipbuilder Austal are on the rise today after the company announced its newest vessel has completed acceptance trials.

    Read more »

    asx share price on watch represented by ship captain looking through binoculars
    Industrials Shares

    Austal (ASX:ASB) share price edges higher amid acquisition rumours

    Austal (ASX: ASB) shares are edging higher today despite the company quashing rumours it is about to buy a major…

    Read more »

    asx share price on watch represented by ship captain looking through binoculars
    Share Market News

    Here's why the Austal (ASX:ASB) share price is in the spotlight today

    The Austal (ASX: ASB) share price could be on the move today following an update late yesterday. Here's what the…

    Read more »

    Frequently Asked Questions

    Yes, Austal has historically paid two unfranked or fully franked dividends a year.

    Austal generally pays its shareholder dividends in April and October.

    Austal Ltd listed on the ASX on 8 December 1998.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    14 Sep 2023 $0.0300 0.00% Final 20 Oct 2023
    15 Mar 2023 $0.0400 0.00% Interim 20 Apr 2023
    07 Sep 2022 $0.0400 0.00% Final 13 Oct 2022
    16 Mar 2022 $0.0400 0.00% Interim 21 Apr 2022
    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 $0.0000 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
    16 Sep 2011 $0.0600 100.00% Final 06 Oct 2011
    05 Oct 2005 $0.0900 100.00% Final 25 Oct 2005

    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 Ltd (ASX: ASB) is an Australian-based shipbuilder that specialises in the design, construction, and support of defence and commercial vessels globally.

    Austal's products include naval vessels, defence surface warfare combatants, high-speed support vessels, patrol boats for law enforcement, offshore vessels, as well as passenger and vehicle ferries. The company also installs and maintains vessel command and control systems, communication and radar technology, and information management systems.

    Headquartered in Perth, Austal also has shipyards and servicing facilities in the United States, Vietnam, and the Philippines.

    ASB Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    19 Apr 2024 $2.31 $-0.02 -0.86% 292,221 $2.35 $2.35 $2.30
    18 Apr 2024 $2.33 $0.01 0.43% 238,732 $2.35 $2.36 $2.31
    17 Apr 2024 $2.32 $0.02 0.87% 318,614 $2.30 $2.35 $2.30
    16 Apr 2024 $2.30 $-0.12 -4.96% 289,893 $2.40 $2.40 $2.30
    15 Apr 2024 $2.42 $0.04 1.68% 565,859 $2.38 $2.42 $2.35
    12 Apr 2024 $2.38 $-0.02 -0.83% 282,503 $2.35 $2.40 $2.35
    11 Apr 2024 $2.40 $0.04 1.69% 450,917 $2.35 $2.40 $2.32
    10 Apr 2024 $2.36 $0.01 0.43% 310,668 $2.35 $2.39 $2.33
    09 Apr 2024 $2.35 $0.05 2.17% 262,282 $2.27 $2.36 $2.27
    08 Apr 2024 $2.30 $0.01 0.44% 476,369 $2.30 $2.33 $2.28
    05 Apr 2024 $2.29 $-0.03 -1.29% 576,228 $2.31 $2.31 $2.25
    04 Apr 2024 $2.32 $-0.06 -2.52% 485,518 $2.38 $2.38 $2.30
    03 Apr 2024 $2.38 $-0.05 -2.06% 1,006,250 $2.39 $2.41 $2.34
    02 Apr 2024 $2.43 $0.23 10.45% 2,345,131 $2.36 $2.46 $2.32
    28 Mar 2024 $2.20 $0.00 0.00% 212,538 $2.20 $2.22 $2.17
    27 Mar 2024 $2.20 $-0.01 -0.45% 469,190 $2.21 $2.24 $2.18
    26 Mar 2024 $2.21 $0.04 1.84% 689,450 $2.17 $2.23 $2.15
    25 Mar 2024 $2.17 $-0.03 -1.36% 226,889 $2.22 $2.23 $2.17
    22 Mar 2024 $2.20 $0.04 1.85% 229,916 $2.16 $2.20 $2.14
    21 Mar 2024 $2.16 $0.02 0.93% 377,763 $2.17 $2.18 $2.15
    20 Mar 2024 $2.14 $0.02 0.94% 921,241 $2.13 $2.16 $2.08

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John Rothwell Non-Executive DirectorNon-Executive Chairman Oct 1987
    Mr Rothwell has played a role in the development of the Australian aluminium shipbuilding industry approaching 50 years of experience in boat and shipbuilding. John identified markets for high speed ferries throughout Asia which resulted in Austal's 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 contributions to vocational education and training.
    Mr Christopher (Chris) Charles Indermaur Non-Executive Director Oct 2018
    Mr Indermaur has over 40 years of experience in 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. Chris is also a Director of Austin Engineering Limited and Mayur Resources Limited. He is also member of the Risk Committee.
    Ms Sarah Elizabeth Adam-Gedge Non-Executive Director Aug 2017
    Ms Adam-Gedge brings consulting, customer experience, digital and technology expertise to Austal through her experience in executive roles in the information technology and consulting sectors. Sarah is also a Non-Executive Director of Codan Ltd, Kinetic IT Pty Ltd and Cricket Australia, as well as being an independent Audit Committee member for the Australian Sports Foundation. In August 2023, Sarah was appointed as Non-Executive Director of Bravura Solutions Ltd, as well as Chair of the Audit and Risk Committee and member of the Human Resources Committee. She is Chair of Risk Committee.
    Mr Patrick (Paddy) Anthony Gregg Chief Executive OfficerExecutive Director Jan 2021
    Mr Gregg is a leader with project management, manufacturing and business experience acquired within the technology nuclear defence industry, Rail Industry and Naval Shipbuilding Industry. Immediately prior to joining Austal, Paddy was working for Network Rail in the United Kingdom. During his time there he was responsible for infrastructure enhancements and renewals on the Western and Wales Route.
    Mr Lee John Goddard Non-Executive Director Jan 2023
    Mr Goddard is an Executive Leader who continues to serve as a Royal Australian Navy active reserve officer (rank Rear Admiral) following 34 years full time service up until January 2021. In April 2022 he was appointed as the inaugural CEO and Executive Director of the Australian Missile Corporation. He is also a Non-Executive Director of the Commonwealth Superannuation Corporation, an Advisor to the Minderoo Foundation and OCIUS Technologies, and the Chairman (Race Director) of the Sydney to Hobart Yacht Race. He is also member of the Risk Committee.
    Ms Kathryn Leslei Toohey AM Non-Executive Director Feb 2024
    Ms Toohey brings management, government procurement, digital and technology to Austal, through her experience in senior executive roles in the Department of Defence, including Head of Land Capability with the Australian Army. In her last appointment within the Australian Defence Force Headquarters she was responsible for integrating capability across the three Services as part of the Vice Chief of the Defence Force Group.Kathryn is also a Non-Executive Director of Defence Health Ltd, Cylent International Pty Ltd, Greater Western Sydney (GWS) Giants (a division of the Australian Football League) and ACT Basketball.
    Mr Adrian Strang Company Secretary
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    Christian Johnstone Interim Chief Financial Officer
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    Ian McMillan Chief Operating Officer Australasia
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    Christy Taylor Chief Operating Officer USA
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    Adrian Strang Company Secretary
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    Rusty Murdaugh President USA
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 132,274,496 36.50%
    Citicorp Nominees Pty Limited 41,755,834 11.52%
    Austro Pty Ltd 32,761,692 9.04%
    J P Morgan Nominees Australia Pty Limited 28,284,935 7.80%
    National Nominees Pty Ltd 14,162,874 3.91%
    BNP Paribas Nominees Pty Ltd 11,661,734 3.22%
    Onyx (WA) Pty Ltd 5,600,000 1.55%
    Ubs Nominees Pty Ltd 3,108,029 0.87%
    Pacific Custodians Pty Limited 2,486,808 0.69%
    Ace Property Holdings Pty Ltd 2,460,000 0.67%
    Mr Gary Heys & Mrs Dorothy Heys 2,044,670 0.54%
    Mr Graham Wallace Ray 1,616,704 0.44%
    Mossisberg Pty Ltd 1,518,100 0.42%
    Mr Brenton Anthony Cook 1,031,000 0.28%
    Mr William Robert Chambers 1,000,000 0.28%
    Mr David Singleton 970,000 0.27%
    Lavinia Shipping Limited 841,061 0.23%
    Warbont Nominees Pty Ltd 827,144 0.23%
    Kenny Nominees (NT) Pty Ltd 777,881 0.22%
    SANDHURST TRUSTEES LTD 560,142 0.16%

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