Cobram Estate Olives Ltd (ASX: CBO) Share Price and News

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Cobram Estate Olives Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $815.14 million
P/E Ratio 38.64
Dividend Yield 2.00%
Shares Outstanding 418.02 million
Earnings per share 0.043
Dividend per share 0.03
Year To Date Return -8.07%
Earnings Yield 2.59%
Franking 100%
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as at 24 Feb 3:44pm

  • Cobram Estate Olives Ltd (ASX: CBO)
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    Frequently Asked Questions

    Yes, Cobram Estate has historically paid one partially franked shareholder dividend a year. 

    Cobram Estate generally pays its annual shareholder dividend in December. 

    Yes, Cobram Estate has a dividend reinvestment plan allowing shareholders to use all or part of their dividend payments to purchase additional shares.

    Cobram Estate Olives Ltd listed on the ASX on 11 August 2021.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    07 Nov 2024 $0.0330 100.00% Final 28 Nov 2024
    23 Nov 2023 $0.0330 70.00% Final 13 Dec 2023
    17 Nov 2022 $0.0330 70.00% Final 07 Dec 2022
    18 Nov 2021 $0.0330 20.00% Final 08 Dec 2021

    CBO 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 Cobram Estate Olives Ltd

    Cobram Estate Olives Ltd (ASX: CBO) is a producer and marketer of premium quality extra virgin olive oil. It owns two Australian brands, Cobram Estate and Red Island, which account for about half of the olive oil market share in Australian supermarkets by value. The company also produces and markets other premium brands in both Australia and the US.

    The company has significant operations in the US. Its large-scale olive groves and olive mills in both Australia and the US rank it among the largest olive oil operations in the world. Cobram Estates is also recognised in the industry for its proprietary growing system that focuses on high yield and sustainability. The vast majority of the company's revenue comes from its Australian market.

    CBO Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    21 Nov 2024 $2.02 $0.02 1.00% 154,023 $2.02 $2.04 $2.00
    20 Nov 2024 $2.00 $0.06 3.09% 350,185 $1.95 $2.02 $1.95
    19 Nov 2024 $1.94 $0.02 1.04% 379,328 $1.93 $1.96 $1.93
    18 Nov 2024 $1.92 $-0.02 -1.03% 87,326 $1.94 $1.94 $1.85
    15 Nov 2024 $1.94 $0.01 0.52% 210,640 $1.95 $1.96 $1.90
    14 Nov 2024 $1.93 $0.02 1.05% 167,050 $1.91 $1.93 $1.89
    13 Nov 2024 $1.91 $0.03 1.60% 16,972 $1.87 $1.91 $1.86
    12 Nov 2024 $1.87 $0.04 2.19% 1,568,847 $1.85 $1.89 $1.84
    11 Nov 2024 $1.83 $-0.04 -2.14% 95,666 $1.91 $1.91 $1.80
    08 Nov 2024 $1.87 $-0.01 -0.53% 25,725 $1.90 $1.90 $1.87
    07 Nov 2024 $1.88 $-0.04 -2.08% 48,633 $1.87 $1.94 $1.86
    06 Nov 2024 $1.92 $0.08 4.35% 183,582 $1.89 $1.92 $1.87
    05 Nov 2024 $1.84 $-0.06 -3.16% 29,566 $1.90 $1.90 $1.82
    04 Nov 2024 $1.90 $0.02 1.07% 1,090,971 $1.89 $1.91 $1.88
    01 Nov 2024 $1.88 $-0.04 -2.08% 155,799 $1.93 $1.96 $1.86
    31 Oct 2024 $1.92 $0.07 3.78% 273,065 $1.86 $1.93 $1.84
    30 Oct 2024 $1.85 $0.00 0.00% 262,435 $1.89 $1.89 $1.81
    29 Oct 2024 $1.85 $0.12 6.92% 26,683 $1.82 $1.87 $1.82
    28 Oct 2024 $1.74 $-0.07 -3.89% 523,696 $1.80 $1.85 $1.74
    25 Oct 2024 $1.80 $-0.06 -3.23% 15,520 $1.84 $1.86 $1.80
    24 Oct 2024 $1.86 $0.01 0.54% 164,655 $1.85 $1.87 $1.83
    23 Oct 2024 $1.85 $0.00 0.00% 67,730 $1.88 $1.89 $1.85

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    22 Mar 2024 David Wills Buy 100,000 $181,482
    On-market trade. average price
    13 Mar 2024 Samuel (Sam) Beaton Sell 2,000,000 $3,500,000
    Off-market trade.
    13 Mar 2024 Leandro Ravetti Sell 2,000,000 $3,500,000
    Off-market trade.
    13 Dec 2023 Joanna Masotti (nee McMillan) Issued 692 $939
    Dividend Reinvestment Plan (DRP).
    13 Dec 2023 Craig Ball Issued 51,708 $70,167
    Dividend Reinvestment Plan (DRP).
    13 Dec 2023 Craig Ball Issued 50,658 $68,742
    Dividend Reinvestment Plan (DRP).
    13 Dec 2023 Samuel (Sam) Beaton Issued 9,045 $12,274
    Dividend Reinvestment Plan (DRP).

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Toni Brendish Non-Executive Director Jan 2023
    Ms Brendish has more than 30 years of experience working in blue chip FMCG, healthcare, manufacturing, agriculture, and telecommunication companies in Asia, Australia, and New Zealand, including over 20 years in Chief Executive Officer/Managing Director roles. Toni most recently held the position of Chief Executive Officer of Westland Milk Products in the South Island of New Zealand. Prior to this, Toni spent 11 years working for the Danone Group as Managing Director of their infant formula and dairy businesses in Australia, New Zealand, Malaysia, and Indonesia. She has also worked for Kimberly-Clark and Colgate Palmolive, together with several other blue chip FMCG organisations. Toni is a member of Risk Committee and chairs the Safety and Sustainability Committee.
    Mr David Wills Non-Executive Director Nov 2023
    Mr Wills has more than 35 years of financial and professional experience in tax, corporate advisory, and private and family business, specializing in regulatory management, transactions, and dispute resolutions. During his career, he held various roles of Partner and Managing Partner at Arthur Anderson, Ernst & Young, and PwC. In 2017, David was appointed as the Managing Partner of PwC's worldwide private and family business practice, a global role he held until his retirement from the PwC partnership at the end of 2019. He chairs the Risk Committee.
    Mr Robert Douglas McGavin Non-Executive ChairmanNon-Executive Director Jul 2005
    Mr McGavin has experience in the agribusiness sector. He is directly involved in a grazing operation in western Queensland, and a cropping and grazing operation in southwest Victoria. Rob is a board member and Chair of Marcus Oldham Agricultural College and is also a member of the Marcus Oldham College Foundation. Rob is a member of the Risk Committee and the Safety and Sustainability Committee.
    Mr Samuel (Sam) James Beaton Joint Chief Executive OfficerExecutive Director Jan 2015
    Mr Beaton has over 25 years of experience in commercial, corporate and finance roles. Sam began his career with KPMG, and since then has held senior management roles. Sam has experience in financial modelling and analysis, capital management, business and strategy planning and the execution of business plans.
    Mr Leandro Martin Ravetti Joint Chief Executive OfficerExecutive Director Jul 2005
    Mr Ravetti worked for the National Institute of Agricultural Technology in olive production research from 1995 until he moved to Australia in 2001 to join Cobram Estate Olives.
    Ms Joanna Mary Ruth Masotti (nee McMillan) Non-Executive Director May 2021
    Ms McMillan is a member of the Safety and Sustainability Committee. Joanna is a nutrition scientist and lifestyle medicine expert.
    Mr Craig Peter Ball Non-Executive Director Sep 2005
    Mr Ball recently retired from the role of chair of financial services firm Taylor Collison. In this role he was responsible for corporate finance in equity capital markets. He became a director of Taylor Collison in 1992 and has experience in Australian equity capital markets. worked for a decade with Chartered Accounting firms before joining the stockbroking industry in 1987. Craig is a member of the Risk Committee.
    Mr Hasaka Martin Joint Company Secretary Jul 2024
    -
    Ms Emily Austin Joint Company Secretary Jul 2024
    -
    Hasaka Martin Joint Company Secretary
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    Emily Austin Joint Company Secretary
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Robert Mcgavin 29,027,068 6.94%
    HSBC Custody Nominees (Australia) Limited 20,403,996 4.88%
    Mcgavin Investments Pty Ltd 17,673,984 4.23%
    UBS Nominees Pty Ltd 14,108,318 3.38%
    J P Morgan Nominees Australia Pty Limited 12,731,091 3.05%
    R D & K A Mcgavin Pty Ltd 12,510,763 2.99%
    Bell Potter Nominees Ltd 12,063,895 2.89%
    Tropico Pty Ltd 10,000,000 2.39%
    Paul Riordan 9,820,800 2.35%
    Gowing Bros Limited 9,470,774 2.27%
    H & M Associates 9,351,677 2.24%
    Bool Investments Pty Ltd 7,837,170 1.87%
    Citicorp Nominees Pty Limited 7,501,407 1.79%
    Woobinda Nominees Pty Ltd 6,650,000 1.59%
    Mr Andrew Matthew Crichton Cameron & Mrs Deborah Madge Cameron 6,053,298 1.45%
    Neville J Bertalli 5,795,901 1.38%
    Ravetti Investments Pty Ltd 5,348,584 1.28%
    Mr Neil James Richmond & Mrs Elizabeth Amelia Richmond 5,030,856 1.20%
    Amenduni Nicola Spa 4,848,147 1.16%
    Aegp Super Pty Ltd 4,500,000 1.08%

    Profile

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