Soul Patts FY26: The Good, the Bad and the Ugly for Income Investors
Soul Patts has delivered its 28th consecutive year of dividend growth, but the headline 502% profit surge tells only part of the story.
Soul Patts has delivered its 28th consecutive year of dividend growth, but the headline 502% profit surge tells only part of the story.
With dividend yields compressing, Australian investors are blending dividend stocks, ETFs, LICs, and credit funds to build hybrid income portfolios that deliver stable, diversified cash flow.
August delivered a big step up for the Income Factory portfolio, with returns driven by standout gains in retail and automotive stocks alongside steady paycheques from credit funds and ETFs. Income jumped from $13.7k in July to $24.1k in August, underscoring the power of diversification in creating reliable monthly cash flow. Here’s what worked, where the risks lie, and what investors should be watching next.
As a shareholder in both Soul Patts and Brickworks, I break down what the 2025 merger means for dividend-focused investors like us — and why I’m voting in favour.