Australia's ARB Corp climbs to 5-1/2-month peak on higher dividend payout

ARB

19/08/2025 03:31

** Shares of motor vehicle parts maker ARB Corp ARB.AX rise 5.6% to A$38.42, their highest since March 3

** Co declares final dividend of 35 Australian cents per share, taking its full-year dividend payout to 119 AU cents apiece, up from 69 AU cents paid last year

** However, co's FY underlying NPAT falls by 7.6% to A$96.2 million ($62.42 million)

** Stock on track to gain the most since April 10 if trends hold

** About 212,494 shares change hands, 1.4x the 30-day average of 146,996

** Stock down 5.3% YTD, including moves in the current session

($1 = 1.5411 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))