Australia's Objective Corp hits record high on upbeat profit, higher dividend

Objective

21/08/2025 06:19

** Shares of Objective Corp OCL.AX rise as much as 21% to A$22.99, hitting a record high; last up 17.4% at A$22.3

** Software co posts 13% rise in FY25 net profit after tax to A$35.4 million  ($22.74 million) vs A$31.3 million reported last year

** Pays total FY25 dividend of 22 Australian cents per share, up from 17 AU cents apiece paid last year

** Stock sees busiest session since November 7; About 377,181 shares change hands, 10.2x the 30-day average of 37,118

** Stock up 40.9% YTD including moves in current session

($1 = 1.5569 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

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