6%: Bendigo Bank just unveiled its latest dividend

There aren’t too many blue-chip ASX 200 shares that still offer dividend yields of 5% today, let alone 6%. But Bendigo and Adelaide Bank Ltd (ASX: BEN) is one of the rare few. Yes, Bendigo Bank shares are currently trading on a trailing dividend yield of 6.05%.

As such, we can probably conclude that there were more than a few income investors watching with interest this morning as Bendigo and Adelaide Bank revealed the next shareholder payment that investors can expect.

As we covered this morning, it was a solid, if uninspiring, report from Bendigo Bank. This ASX 200 bank stock told the market that its cash earnings for the 12 months ended 30 June were $30.2 million, up 3% over FY 2025. That helped the bank post statutory earnings after tax of $375.1 million, helped by a 1.5% growth in total lending and a 2.2% increase in customer deposits.

The second half of the financial year was particularly strong for Bendigo Bank. Cash earnings rose 6.8% compared to the same half in 2025 to $273.8 million, while expenses dropped 2.1%.

Is Bendigo Bank shares’ 6% yield holding firm?

But let’s get to Bendogo Bank’s latest dividend. In some decent news for income investors, this bank’s dividend will not be changing. Yes, Bendigo and Adelaide Bank today revealed that its final dividend for 2026 will come in at 33 cents per share. That’s unchanged and flat on 2025’s final dividend. As such, that 6% yield that we currently see on Bedigo Bank shares will be holding for the time being.

That 33-cent-per-share final dividend, coupled with March’s interim dividend of 30 cents per share, gives an annual total of 63 cents per share. That’s the same annual amount that Bendigo Bank has paid since 2024.

This latest final dividend will arrive in investors’ bank accounts on 30 September next month. Like almost every payout from this bank, this dividend will come with full franking credits attached.

For anyone who doesn’t yet own Bendigo Bank shares but wishes to receive this dividend, the shares are scheduled to trade ex-dividend on 1 September. Investors will need to own shares by the end of August to be eligible to receive this payout.

There is also the option to receive additional Benido Bank shares in lieu of a cash payment with this company’s dividend reinvestment plan (DRP). The cut-off date for DRP participation is 3 September.