What did K&S Corporation report?

• Operating revenue fell 2.1% to $729.2 million
• Underlying profit before tax was $32.1 million, down 16.0% year over year
• Statutory profit after tax dropped 22.0% to $22.8 million
• EBITDA fell 10.0% to $81.6 million
• Total fully franked dividend of 11.0 cents per share (2025: 16.0 cents)
• Operating cash flow rose 4.3% to $63.7 million

What else do investors need to know?

The company's Australian transport segment saw lower profits, reflecting the exit from several contracts and softer customer volumes in a challenging economic environment. Cost reduction strategies and operational reviews helped cushion some of the impact.

The New Zealand arm delivered a steady performance, benefitting from a mildly improved domestic economy and strong export prices. Meanwhile, K&S's fuel trading business posted increased revenue and profit, navigating price volatility and ensuring fuel supply during market uncertainty.

The balance sheet remains robust, with net borrowings rising to $55.8 million mainly due to ongoing property and facility upgrades. New and upgraded sites are enhancing operational capability, especially in Adelaide and Brisbane.

What did K&S Corporation management say?

Managing Director and Chief Executive Officer Paul Sarant said:

Our strategy remains to improve the quality and contribution of our revenue base, rather than targeting work solely to grow top line revenue.

What's next for K&S Corporation?

Looking ahead, K&S expects economic conditions to remain tough given global disruptions, low domestic growth, and cost pressures. The company notes risks to FY2027 results from subdued construction activity and the conclusion of services for InfraBuild, partly offset by margin improvements and new business in fuel trading.

Management says they'll stay disciplined with capital and working capital management, continuing to strengthen the revenue base by focusing on high-quality, profitable business both organically and through select acquisitions.

K&S Corporation share price snapshot

Over the past 12 months, K&S shares have declined 10%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post K&S posts lower FY2026 profit as revenue and dividends decline appeared first on The Motley Fool Australia.

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

As we've reported, some of the biggest dividend increases among ASX mining shares this season came from the gold miners.

Next week, two of them go ex-dividend.

Ramelius Resources Ltd (ASX: RMS) shares will pay a fully-franked interim dividend of 3 cents per share on 15 April.

This exceeds the company's commitment to pay a minimum annual dividend of 2 cents per share for FY26.

Ramelius Resources reported a 13% increase in EBITDA to $347.7 million but a 6% fall in net profit after tax (NPAT) to $160 million.

The ASX gold share goes ex-dividend on Monday.

Capricorn Metals Ltd (ASX: CMM) shares will pay a maiden fully franked interim dividend of 5 cents per share.

The gold miner reported a 130% jump in underlying NPAT to $144.8 million for 1H FY26.

The ASX gold share also goes ex-dividend on Monday.

Here is a sample of the other ASX All Ords shares with ex-dividend dates next week.

ASX shares about to go ex-dividend

The post 26 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

The reasons these companies are overlooked are manifold, but often it's a combination of them being too small, their shares being too illiquid for bigger buyers, and sometimes they just don't get out there and promote themselves all that well.

Despite this, there are some companies in the smaller ranges which deliver solid earnings and dividends, and which could fit nicely in a portfolio.

Profit upgrade boost shares

One which came across my radar just this week was CTI Logistics Ltd (ASX: CLX), which today has piled on an impressive 12.1% in share price gains to be trading at $2.13.

The increase, on low volume of 54,000 shares, followed the company updating its profit guidance for the year.

I'll excuse anyone who missed it as the press release went out past 5pm on a Monday, but the very brief missive made for good reading for investors.

The company, in a two paragraph statement, said pre-tax profit for the first half was expected to be up about 55% on the previous corresponding period.

The company went on to say:

The result has been driven in part by strong revenue growth in October and November with revenue for the half year expected to be up by 7% on the previous corresponding period. CTI's transport and logistics operations have benefited from increased demand across freight services as well as project work in Western Australia, coupled with increased efficiency and improved utilisation of our fleet.

Even after the company's share price jump to a 12-month high of $2.20 on Tuesday, based on historical dividend payouts, the company is delivering a healthy 5.3% yield, fully franked.

Another steady performer in the logistics sector is K&S Corporation Ltd (ASX: KSC), which is paying a 4.7% fully franked dividend.

K&S actually advised last month that its profits would fall in the first half, with underlying profit before tax expected to be between $15.3 million and $16.3 million, compared with the same period last year when profit came in at $23.4 million.

Leverage to data centres a bonus

The final company, and one which I own myself, is galvaniser and EzyStrut manufacturer, Korvest Ltd (ASX: KOV), which is currently trading on a 5.34% fully franked dividend yield.

Korvest shares are currently changing hands for $13.90, but broker Euroz Hartleys in October put a price target of $14.60 on the stock, saying the company's expansion plans and leverage to data centre builds put it in good stead.

Euroz Hartleys initiated coverage on Korvest in October with a buy recommendation, with the following reasons put forward to have confidence in the Adelaide-based company.

We expect Korvest to continue compounding growth steadily through our forecast as they service increasing demand and pursue additional market share upon completion of their facility expansion in the short term. Major project awards provide upgrade potential to our base case estimates.

Korvest was valued at $166.1 million at the close of trade on Monday.

The post Three under the radar small caps I like for their dividend yields appeared first on The Motley Fool Australia.

Following earnings season in August, scores of ASX companies are paying out millions in dividends to shareholders.

Those participating in dividend reinvestment plans (DRPs) are receiving their new shares, typically on the same day that cash dividends are paid out.

If you'd like to receive any of the dividend payments below, you need to buy these ASX shares before their ex-dividend dates.

Each time a company announces its next dividend, investors have a typically short time period to invest anew or top up their holdings to maximise their dividend income.

Here at The Fool, we do not recommend buying shares in a company you have not researched just to get the next dividend payment.

Our stock analysts say the decision to invest should be much more considered and strategic than that, and based on fundamentals.

Many investors employ a dollar-cost averaging strategy on ex-dividend dates to reduce the average cost of their holdings over time.

These investors already own stock in the company.

They target the ex-dividend date for further purchasing because the share price tends to fall on the ex-dividend day, potentially providing an attractive buy-the-dip opportunity.

Here are 16 ASX shares going ex-dividend next week.

16 ASX shares with ex-dividend dates next week

The post 16 ASX shares going ex-dividend next week appeared first on The Motley Fool Australia.

The ASX transport shares that outperformed their peers over the month of October probably aren't those you're thinking of.

5 top performing ASX transport shares in October

A quick note before we start; this list only contains shares with market capitalisations of more than $100 million.

Regional Express Holdings Ltd (ASX: REX)

The REX share price outperformed its transport peers during the month of October, potentially on the back of optimism surrounding Australia's domestic borders.

Over the month just been, the company's business looked towards a brighter future without lockdowns and travel restrictions.

In fact, on 18 October, REX announced it plans to resume offering domestic flights from the middle of November.

The REX share price gained 5.33% over the course of October, finishing the month trading at $1.58.

Lindsay Australia Limited (ASX: LAU)

October was also a great month for the Lindsay Australia share price.

The integrated transport, logistics, and rural supply company's stock gained 5.26% over the course of last month. It finished October trading at 39.5 cents.

The only price-sensitive news released by Lindsay last month was its annual investor presentation which, once again, detailed a strong financial year 2021.

K&S Corporation Ltd (ASX: KSC)

Another transportation and logistics company to make this list is K&S Corporation.

The K&S Corporation share price bested many other ASX transport companies in October. It gained 4.12% to end the month at $1.77.

The company's gains came despite it maintaining its silence throughout the period.

Silk Logistics Holdings Ltd (ASX: SLH)

While October was a struggle for many ASX transport shares, one of the exchange's new faces managed to end the month in the green.

The Silk Logistics share price gained 2.22% over the course of last month, finishing it at $2.30.

The 'port-to-door' technology-focused logistics company debuted on the ASX in July. Under its prospectus, shares in the company were offered at $2 apiece.

That meant investors who got in on the company before its initial public offering (IPO) could boast a 15% gain on their investment at the end of October.

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

Finally, the fifth best performing ASX transport share for the month of October was none other than Dalrymple Bay Infrastructure.

Over the course of last month, the Dalrymple Bay Infrastructure share price gained 1.33% to end the month trading at $2.28

While there was no news from the coal transportation company in October, it did continue its ongoing on-market buy back.

The post Which ASX transport shares were the best performers during October? appeared first on The Motley Fool Australia.

Shares in Transurban have bottomed out in recent months, dropping from $11.90 at this time last year to today's $11.21 with plenty of volatility in between.

The Macquarie broker says the government funding announcement was potentially positive for Transurban and concerns about the airport rail link are "misplaced" with lost volume more than offset by population growth.

Ord Minnett last month labelled Transurban as a buy after the company announced the acquisition of the A25 toll road in Montreal Canada.

Macquarie has a $12.44 share price target on Transurban.

In the overall sector things have been tough for rail freight operator Aurizon Holdings Ltd (ASX: AZJ) whose share price has slipped 16% over the past 12 months, with airport operator Sydney Airport Holdings (ASX: SYD) also struggling to book gains.

Lesser known in the space is transport and logistics player K&S Corporation Ltd (ASX: KSC) who might be one to watch in the future as it begins to make ground steadily.

The post Why this famous broker just upgraded Transurban Group shares appeared first on The Motley Fool Australia.

At the smaller end of the market there remains a handful of transport companies that could all make tidy bolt-on acquisitions for larger peers or indeed be instigators of smaller scale consolidations themselves. It's a sector to watch in this low growth and low interest rate economy, as merger and acquisition (M&A) activity is bound to heat up.

One stock that could find itself involved in future M&A activity is the $150 million K&S Corporation Ltd (ASX: KSC).

The group just reported solid full year results, here are the key results:

• Operating revenue increased 19.3% to $699.2 million
• Underlying profit before tax of $18.2 million
• Earnings per share of 11.4 cents
• Net debt of $98.1 million
• Net tangible assets at June 30 stood at $1.73 compared with the current share price of $1.26
• The performance of the New Zealand business was extremely strong with both revenue and underlying profit up. Similarly solid performance is expected in the current year.

Outlook:

Organic revenue growth was impressive during FY 2015 and work won is set to flow into FY 2016 at a rate in excess of $63 million annualised.

A dividend of 3.5 cents per share (cps) has been declared. The stock will trade ex-dividend on October 15 and payment will occur on November 2. Coupled with the interim dividend – also 3.5 cps – and the stock has a yield of 5.5%.

The post Should you buy K&S Corporation Ltd? appeared first on The Motley Fool Australia.

A strong Aussie dollar that may adversely affect domestic exporters can also bring down costs for goods importers. Their revenues rise even more if sales volumes increase. That means more shipping and warehousing. This all leads back to the transportation industry.

The three companies below are starting to see the flow of business improving and are devising new business initiatives to expand services.

The integrated import and export logistics service provider Qube Holdings Ltd (ASX: QUB) has grown its revenue over the past three years with statutory net profit more than tripling since 2010. It operates stevedoring services for containers and export cargo and landside logistics.

Its share price has risen 25.5% in the last 12 months. It has a PE of 24.7 and a dividend yield of 2.1%. It is expanding its involvement with grain handling in NSW and acquiring companies in WA and Queensland for bulk haulage services. This month it hit a new all-time high of $2.33 and is currently $2.21.

Toll Holdings Limited (ASX: TOL) is an international logistics provider covering road and domestic freight, overseas forwarding and express transport. Underlying net profit has been stable over the past several years, but statutory net profit took a hit in 2012 and 2013 due to significant items.

Its PE is 13.4 and it offers a 5.3% dividend yield. In the last few years, the share price has moved sideways between $4 and $6.

For the first half of FY2014, business segment performance was better than in 1H FY2013 and the company is positioned for improvement in the Australian economy.

K&S Corporation Ltd (ASX: KSC) provides logistics and transport solutions as well as warehousing and distribution in Australia and New Zealand. In March, it completed the takeover of Scott Corporation, a bulk solids and hazardous materials transportation company that operates 20 branches across Australia.

In the first half of FY2014, it saw a reduction of demand in transport services and the loss of a contract with Australian Paper, which resulted in a 12% fall in revenue and a 37.8% drop in underlying net profit. Its share price is $1.51 and has an 11.8 PE, about the middle of its historic PE average range. Its dividend yield is 5.9%.

Foolish takeaway

Increased consumer spending should have a knock-on effect for goods shipment. Watching how retailing advances can give a better idea on transportation company progress.

The post 3 stocks to keep on trucking as the economy and consumer spending improve appeared first on The Motley Fool Australia.