Dexus stock heads toward its October 28 AGM as FY27 payouts hold at 37.0 cents

Published on 10/07/2026 at 05:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dexus stock was trading at AUD 5.62 on October 7, 2026, while FY27 AFFO guidance stands at 37.5 to 39.5 cents. The AGM is set for October 28.

Dexus, AU000000DXS1, Illustration mit AI erstellt.

Dexus stock (ISIN AU000000DXS1) was trading at AUD 5.62 on the ASX on October 7, 2026, up 0.81 percent from AUD 5.57. The next formal checkpoint is the October 28 annual general meeting, where security holders will consider the FY27 long-term incentive grant.

FY27 payouts hold steady

According to Land.com.au, Dexus reported adjusted funds from operations of AUD 483.9 million for fiscal year 2026, matching prior guidance. Distributions were 37.0 cents per security, while statutory net profit after tax reached AUD 482.2 million.

The FY27 guide shifts the emphasis from the rebound in statutory earnings to cash generation. Dexus expects AFFO of 37.5 to 39.5 cents per security and has kept distributions at 37.0 cents, a range that reflects lower performance fees, a smaller contribution from funds under review and a delay to the Waterfront Brisbane development project until late 2029.

AGM puts incentive plan on agenda

As EQS News reported on October 1, 2026, the performance right used for the proposed CEO grant was valued at AUD 5.69 after the 25-trading-day VWAP period. The proposed award covers 527,240 performance rights.

The AGM itself is scheduled for October 28, 2026, at 2:00 p.m. AEDT in Sydney and online, according to TradingView. That date gives investors a defined forum for the incentive proposal and the broader FY27 operating outlook.

Analyst target stays above market price

Investing.com lists 11 analysts with an average 12-month Dexus target of AUD 6.502, a high of AUD 8.30 and a low of AUD 5.60. The average target lies 15.7 percent above the AUD 5.62 ASX price, while the low sits close to the current quotation.

The market price was 27.3 percent below the 52-week high of AUD 7.73 and 6.0 percent above the AUD 5.30 low on October 7, 2026. For investors, the key comparison is therefore between stable distributions and the execution risk embedded in the FY27 AFFO range.

Dexus stock remains below its yearly high

Dexus stock was last at AUD 5.62 on the ASX on October 7, 2026, at 2:19 p.m. AEDT. Market capitalization was AUD 6.0 billion, with volume at 1,150,641 securities.