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 $1.12 billion
P/E Ratio 69.02
Dividend Yield 1.06%
Shares Outstanding 362.49 million
Earnings per share 0.041
Dividend per share 0.07
Year To Date Return 3.45%
Earnings Yield 1.45%
Franking -
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as at 24 Feb 3:44pm

  • Austal Ltd (ASX: ASB)
    Latest News

    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 »

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    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…

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    Sector

    ASX 200 shares thrown in the bargain bin: Here's 3 ideas

    The ASX has rebounded strongly over the last year, but there's still company's that are beaten-down and trading at a…

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    Industrials Shares

    The War in Afghanistan is ending. Which ASX companies supply our military?

    After 20 years, the War in Afghanistan is ending. In commemoration of today’s news, here are the top ASX-listed defence…

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    Investor happily looking at rising share price on laptop
    Share Gainers

    Here's why the Austal (ASX:ASB) share price is pushing higher today

    The Austal Limited (ASX:ASB) share price is pushing higher on Monday morning following the release of a positive announcement...

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    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
    21 Nov 2024 $3.09 $-0.07 -2.22% 874,135 $3.15 $3.16 $3.04
    20 Nov 2024 $3.16 $-0.08 -2.47% 445,294 $3.26 $3.26 $3.14
    19 Nov 2024 $3.24 $0.06 1.89% 867,707 $3.19 $3.30 $3.17
    18 Nov 2024 $3.18 $0.02 0.63% 972,933 $3.14 $3.19 $3.10
    15 Nov 2024 $3.16 $-0.11 -3.36% 2,548,373 $3.26 $3.26 $3.06
    14 Nov 2024 $3.27 $-0.05 -1.51% 897,197 $3.32 $3.40 $3.26
    13 Nov 2024 $3.32 $-0.08 -2.35% 772,923 $3.40 $3.43 $3.32
    12 Nov 2024 $3.40 $0.08 2.41% 698,547 $3.37 $3.40 $3.32
    11 Nov 2024 $3.32 $-0.07 -2.06% 804,210 $3.38 $3.38 $3.29
    08 Nov 2024 $3.39 $-0.01 -0.29% 336,278 $3.40 $3.47 $3.38
    07 Nov 2024 $3.40 $-0.02 -0.58% 842,932 $3.46 $3.52 $3.38
    06 Nov 2024 $3.42 $0.17 5.23% 1,125,834 $3.30 $3.45 $3.29
    05 Nov 2024 $3.25 $-0.02 -0.61% 638,511 $3.24 $3.27 $3.20
    04 Nov 2024 $3.27 $0.11 3.48% 805,519 $3.20 $3.38 $3.19
    01 Nov 2024 $3.16 $-0.15 -4.53% 652,899 $3.30 $3.30 $3.14
    31 Oct 2024 $3.31 $0.01 0.30% 1,404,762 $3.26 $3.33 $3.25
    30 Oct 2024 $3.30 $0.01 0.30% 1,909,860 $3.28 $3.31 $3.25
    29 Oct 2024 $3.29 $0.02 0.61% 1,747,669 $3.29 $3.33 $3.27
    28 Oct 2024 $3.27 $0.04 1.24% 1,715,266 $3.23 $3.32 $3.23
    25 Oct 2024 $3.23 $0.03 0.94% 1,123,974 $3.20 $3.23 $3.19
    24 Oct 2024 $3.20 $-0.01 -0.31% 642,872 $3.18 $3.23 $3.18
    23 Oct 2024 $3.21 $0.06 1.90% 2,843,488 $3.19 $3.23 $3.15

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    01 Nov 2024 Christopher (Chris) Indermaur Issued 66,542 $210,272
    Conversion of securities.
    01 Nov 2024 Christopher (Chris) Indermaur Exercise 15,025 $47,479
    Conversion of securities.
    14 Oct 2024 Richard Spencer Sell 16,523 $50,395
    As advised by the company. Director has disposed of the 16,523 US OTC
    AUTLF options.
    14 Oct 2024 Richard Spencer Buy 1,000,000 $2,927,600
    Off-market trade. As per announcement on 22-10-2024
    14 Oct 2024 John Rothwell Sell 1,000,000 $2,927,600
    Off-market trade.
    26 Jun 2024 Richard Spencer Buy 4,523 $11,036
    On-market trade. Estimated Value, average security
    value, https://www.aspecthuntley.com.au/asxdata/20241022/pdf/02869418.pdf

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Brent Cubis Non-Executive Director Oct 2024
    Mr Cubis has performed CFO and/or NED roles for international and domestic companies including ARN Media, A2B (formerly Cabcharge), and Cochlear. Mr Cubis currently serves on the boards of ARN Media, AI Media, Silverchain and Canteen. He also was Director for 20 global subsidiaries at Cochlear, where he was CFO, and served on the Global MBA Advisory Board at Macquarie University.
    Ms Sarah Elizabeth Adam-Gedge Non-Executive Director Aug 2017
    Ms Adam-Gedge is Chair of Risk Committee. She 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 Limited, Bravura Solutions Limited, and Emeco Holdings Limited, as well as holding board roles on several private companies including as Chair of Kinetic IT Pty Ltd and Non-Executive Director of Cricket Australia.
    Mr Patrick (Paddy) Anthony Gregg Chief Executive OfficerExecutive Director Jan 2021
    Mr Gregg has project management, manufacturing and business experience acquired within the 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 Routes.
    Mr Lee John Goddard Non-Executive Director Jan 2023
    Mr Goddard is member of the Risk Committee. He 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.
    Ms Kathryn Leslei Toohey AM Non-Executive Director Feb 2024
    Ms Toohey is a member of the Risk Committee. She brings program management, government procurement, digital and technology expertise to Austal through her experience in senior executive roles in the Department of Defence. Kathryn was a senior officer in the Australian Army, retiring at the rank of major general in early 2023. For over two decades she was involved in Defence capability. She served as Head Land Capability responsible for the modernisation and sustainment of all Army equipment and infrastructure including helicopters, tanks, communication systems and watercraft. In her last appointment within the Australian Defence Force Headquarters she was responsible for integrating capability across the three Services.
    Mr Richard Vaughn Spencer Non-Executive ChairmanNon-Executive Director Jul 2024
    Mr Spencer served five years with the US Marine Corps as a Naval Aviator. After leaving the defence force, he worked at several investment banks including Goldman Sachs, Donaldson, Lufkin and Jenrette, and Bear Stearns. He also served on the Pentagon Defense Business Board advisory panel and the Chief of Naval Operations Executive Panel. He was appointed and confirmed as Secretary of Navy from August 2017 through to November 2019.
    Mr Adrian Strang Company Secretary
    -
    Christian Johnstone Chief Financial Officer
    -
    Ian McMillan Chief Operating Officer Australasia
    -
    Michelle Kruger President USA
    -
    Adrian Strang Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 126,185,376 34.81%
    Citicorp Nominees Pty Limited 55,087,371 15.20%
    J P Morgan Nominees Australia Pty Limited 34,610,799 9.55%
    Austro Pty Ltd 32,761,692 9.04%
    BNP Paribas Nominees Pty Ltd 19,167,792 5.29%
    Onyx (WA) Pty Ltd 5,600,000 1.54%
    Ace Property Holdings Pty Ltd 3,020,000 0.83%
    Pacific Custodians Pty Limited 2,321,106 0.64%
    Bond Street Custodians Limited 2,122,040 0.59%
    Mr Gary Heys & Mrs Dorothy Heys 2,044,670 0.56%
    Neweconomy Com AU Nominees Pty Limited 1,622,897 0.45%
    Mossisberg Pty Ltd 1,543,100 0.43%
    National Nominees Pty Ltd 1,465,688 0.40%
    UBS Nominees Pty Ltd 1,259,746 0.35%
    Precision Opportunities Fund Ltd 1,000,000 0.28%
    Mr William Robert Chambers 1,000,000 0.28%
    IOOF Investment Services Limited 869,684 0.24%
    Kenny Nominees (NT) Pty Ltd 777,881 0.21%
    Netwealth Investments Limited 746,745 0.21%
    Brazil Farming Pty Ltd 500,000 0.14%

    Profile

    since

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