Accent Group Ltd (ASX: AX1) Share Price and News

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Accent Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.01 billion
P/E Ratio 13.66
Dividend Yield 8.70%
Shares Outstanding 552.46 million
Earnings per share 0.135
Dividend per share 0.24
Year To Date Return 16.67%
Earnings Yield 7.32%
Franking 100%
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as at 24 Feb 3:44pm

  • Accent Group Ltd (ASX: AX1)
    Latest News

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    This beaten-up ASX share could pay an 11% dividend yield in FY25

    Dividends could run towards our bank accounts from this stock.

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    Frequently Asked Questions

    Yes, Accent Group historically pays two fully franked dividends a year.

    Accent Group has historically paid its shareholder dividends in March and September. 

    Accent Group Ltd listed on the ASX on 7 July 2004.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    28 Feb 2023 $0.1200 100.00% Interim 09 Mar 2023
    31 Aug 2022 $0.0400 100.00% Final 15 Sep 2022
    09 Mar 2022 $0.0250 100.00% Interim 17 Mar 2022
    08 Sep 2021 $0.0325 100.00% Final 16 Sep 2021
    10 Mar 2021 $0.0800 100.00% Interim 18 Mar 2021
    09 Sep 2020 $0.0400 100.00% Final 24 Sep 2020
    04 Mar 2020 $0.0525 100.00% Interim 19 Mar 2020
    11 Sep 2019 $0.0375 100.00% Final 26 Sep 2019
    06 Mar 2019 $0.0450 100.00% Interim 21 Mar 2019
    12 Sep 2018 $0.0375 100.00% Final 27 Sep 2018
    01 Mar 2018 $0.0300 100.00% Interim 22 Mar 2018
    08 Sep 2017 $0.0000 100.00% Final 25 Sep 2017
    02 Mar 2017 $0.0300 100.00% Interim 23 Mar 2017
    08 Sep 2016 $0.0300 100.00% Final 23 Sep 2016
    29 Feb 2016 $0.0250 100.00% Interim 24 Mar 2016
    28 Jul 2009 $0.0150 100.00% Final 18 Aug 2009

    AX1 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 Accent Group Ltd

    Accent Group Ltd (ASX: AX1) is a footwear and clothing retailer, wholesaler, and distributor. It owns and operates more than 750 retail stores across Australia and New Zealand and has exclusive distribution rights for an extensive portfolio of original and international brands.

    The group's brand names include The Athlete's Foot and Saucony, which sell athletic footwear and general sportswear. The company distributes the Vans, Timberland, and Sketchers brands, covering everyday and lifestyle footwear. It also operates around 40 online platforms.

    Accent Group generates most of its revenue in Australia. Like many retailers, the company suffered a significant drop in profits during the COVID period.

    AX1 Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    09 Aug 2023 $1.84 $-0.01 -0.54% 524,908 $1.83 $1.86 $1.81
    08 Aug 2023 $1.84 $-0.03 -1.60% 865,643 $1.88 $1.90 $1.84
    07 Aug 2023 $1.87 $0.10 5.63% 1,459,119 $1.78 $1.88 $1.76
    04 Aug 2023 $1.78 $0.02 1.14% 469,114 $1.76 $1.79 $1.75
    03 Aug 2023 $1.75 $0.00 0.00% 511,603 $1.74 $1.76 $1.73
    02 Aug 2023 $1.76 $-0.02 -1.13% 509,844 $1.79 $1.79 $1.75
    01 Aug 2023 $1.77 $0.01 0.57% 750,144 $1.76 $1.79 $1.74
    31 Jul 2023 $1.77 $0.03 1.73% 1,408,382 $1.74 $1.78 $1.73
    28 Jul 2023 $1.73 $-0.07 -3.90% 1,482,339 $1.77 $1.77 $1.70
    27 Jul 2023 $1.80 $0.10 5.90% 950,946 $1.70 $1.80 $1.70
    26 Jul 2023 $1.70 $0.00 0.00% 800,987 $1.70 $1.73 $1.69
    25 Jul 2023 $1.70 $-0.02 -1.17% 467,061 $1.72 $1.74 $1.69
    24 Jul 2023 $1.72 $0.01 0.59% 698,289 $1.68 $1.72 $1.67
    21 Jul 2023 $1.71 $-0.03 -1.72% 683,102 $1.72 $1.72 $1.68
    20 Jul 2023 $1.74 $0.01 0.58% 575,764 $1.73 $1.79 $1.73
    19 Jul 2023 $1.73 $0.07 4.20% 1,065,150 $1.69 $1.75 $1.69
    18 Jul 2023 $1.67 $0.02 1.21% 642,968 $1.66 $1.70 $1.65
    17 Jul 2023 $1.65 $-0.08 -4.62% 1,776,928 $1.70 $1.70 $1.62
    14 Jul 2023 $1.73 $-0.01 -0.58% 1,206,397 $1.74 $1.75 $1.69
    13 Jul 2023 $1.74 $0.06 3.57% 786,127 $1.70 $1.75 $1.70
    12 Jul 2023 $1.68 $0.00 0.00% 1,165,382 $1.68 $1.70 $1.65
    11 Jul 2023 $1.68 $0.04 2.45% 1,217,330 $1.66 $1.71 $1.65

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    09 Mar 2023 Daniel Agostinelli Sell 225 $528,425
    On-market trade.
    09 Mar 2023 Daniel Agostinelli Sell 2 $5,750,000
    Off-market trade.
    08 Mar 2023 Daniel Agostinelli Sell 21 $51,244
    On-market trade.
    15 Dec 2022 Daniel Agostinelli Transfer 2 $4,826,250
    Off-market transfer. As per announcement on 21-12-2022
    15 Dec 2022 Daniel Agostinelli Transfer 2 $4,826,250
    Off-market transfer. As per announcement on 21-12-2022
    18 Nov 2022 Daniel Agostinelli Exercise 2 $4,537,500
    Conversion of securities. 5,786,031 Performance rights, As per announcement on 23-11-2022
    18 Nov 2022 Daniel Agostinelli Buy 2 $4,537,500
    Conversion of securities. As per announcement on 23-11-2022
    26 Aug 2022 Joshua Lowcock Buy 30 $49,995
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Brett Blundy Non-Executive Director Apr 2021
    Mr Blundy is the Chairman and Founder of BBRC, a private investment group with diverse global interests across retail, capital management, retail property, beef, and other innovative ventures. BBRC's Retail presence extends to over 800 stores across more than 15 countries, and its Capital Management business has offices in Sydney & New York. Brett is a member of the Audit and Risk Committee.
    Mr Stephen Thomas Goddard Non-Executive Director Nov 2017
    Mr Goddard is currently the Chairman of the Board and the Remuneration and Nomination Committee of JB Hi-Fi Limited and a Non-Executive Director and Chairman of the Audit and Risk Committee of both GWA Group Limited and Nick Scali Limited. Stephen was formerly the Finance Director and Operations Director for David Jones Limited and the founding Managing Director of Officeworks. Stephen was appointed as a Non-Executive Director of Accent Group in November 2017. Stephen is the Chairman of the Risk Committee and a member of the People and Remuneration Committee with extensive retail, finance, and board experience.
    Mr David L Gordon Non-Executive DirectorNon-Executive Chairman Oct 2006
    Mr Gordon has over 20 years experience as a director of both public and private companies and has spent more than 30 years working in corporate advisory roles to Australian and international organisations. He brings knowledge of mergers and acquisitions, as well as capital raisings, IPOs and joint ventures. David also has a proven track record in guiding businesses to harness their digital asset capability to successfully explore and grow new markets. He is also the Chairman of Shippit Pty Limited, General Homecare Holdings Pty Ltd and Genesis Capital Manager 1 Pty Ltd, and a Non-Executive Director of international not-for-profit organisation High Resolves Pty Ltd. David has been a Non-Executive Director of Accent Group since October 2006 and was appointed Non-Executive Chairman in November 2017. David is also the Chairman of the People and Remuneration Committee and a member of the Risk Committee and Digital Strategy Group.
    Mr Timothy (Tim) James Dodd Alternate Director Jun 2021
    Mr Dodd joined BBRC in September 2020 and serves as the Global CFO, covering all investments and operations worldwide. Tim has over 30 years experience in financial and operational roles across the banking, funds management, real estate and investment sectors, and has worked in both publicly listed and private enterprises in Australia.
    Mr Daniel John Agostinelli Chief Executive OfficerExecutive Director May 2015
    Mr Agostinelli oversees the day-to-day operations of Accent Group. He has over 30 years of retail experience and was formerly the CEO of Sanity Music and part owner of the Ghetto Shoes sneaker business. Daniel has been with Accent Group since 2006 and CEO of Accent Group since March 2015.
    Mr Michael John Hapgood Non-Executive Director May 2015
    Mr Hapgood is a founding Director and shareholder of Accent Group, Michael has extensive knowledge of the processes required to effectively launch, source and manage global brands within the Australasian market. From Accent Group's inception, Michael has been intimately involved in the development of all major strategic initiatives for the business initially from 1988 as marketing director before becoming CEO in 1998 until the sale to RCG Group in May 2015. Michael then became Accent Group's Chairman until August 2016 when all ongoing executive roles were relinquished.
    Ms Donna Player Non-Executive Director Nov 2017
    Ms Player has over 35 years experience in retail including senior executive positions in merchandising, planning and marketing with Big W and David Jones. Donna is currently a Non-Executive Director of Baby Bunting Group Limited and MySale Group PLC and the Merchandise Director of Camilla Australia. Donna has a proven track record in developing and delivering retail strategy and business transformation. Donna is a member of the People Committee.
    Mr Joshua Peter Mark Lowcock Non-Executive Director Nov 2019
    M Lowcock is a recognised expert in digital and media with a career that has spanned Australia, the US, and China. He brings to Accent Group proven retail expertise at the intersection of marketing, technology, data, and privacy for clients that have included Woolworths, Walmart, CVS Health. and several other Fortune 500 companies. Joshua is also the New York-based Global Chief Media Officer of Universal McCann (UM) and a Non-Executive Director of Cashrewards Limited. Joshua is the Chair of the Digital Strategy Group, and is a member of the Risk Committee.
    Mr Matthew Durbin Chief Financial OfficerJoint Company Secretary Jan 2018
    -
    Ms Alethea Lee General CounselJoint Company Secretary Jun 2021
    -
    Matthew Durbin Chief Financial OfficerJoint Company Secretary
    -
    Alethea Lee General CounselJoint Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    BBRC International 107,502,463 19.84%
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 58,904,948 10.87%
    Craig John Thompson 32,518,614 6.00%
    CITICORP NOMINEES PTY LIMITED 29,992,966 5.54%
    J P Morgan Nominees Australia Pty Limited 22,391,283 4.13%
    BNP PARIBAS NOMS PTY LTD <DRP> 20,241,757 3.74%
    James William Duell 12,500,000 2.31%
    Mr Daniel John Gilbert 11,000,000 2.03%
    Mrs Cindy Gilbert 11,000,000 2.03%
    National Nominees Limited 10,228,206 1.89%
    Hit Group Limited 7,500,000 1.38%
    Washington H Soul Pattinson And Company Limited 5,204,971 0.96%
    Bnp Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 3,026,346 0.56%
    Rivan Pty Ltd <David Gordon Super Fund A/C> 2,599,034 0.48%
    Pittmann Pty Limited <The Pitt Family A/C> 2,410,000 0.44%
    Tom Hadley Enterprises Pty Ltd 1,500,000 0.28%
    BNP PARIBAS NOMINEES PTY LTD HUB24 CUSTODIAL SERV LTD <DRP A/C> 1,484,668 0.27%
    Mr Geoffrey William Webster 1,295,642 0.24%
    Mr Terry Spyrides 1,150,000 0.21%
    Roanne Pty Ltd 1,102,400 0.20%

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