Hi Peter,
Three different stocks here with a fair bit of volatility amongst them although we would caution labelling any of them as growth stocks:
Amotiv (AOV): This Auto business is forecast to grow revenue ~10% over the coming 2-years, i.e. modest growth at best. The company continues to generate cash and pay fully franked dividends, with a current yield near ~4.8% assuming volatile global automotive demand cycles, particularly 4WD and RV segments, remain supportive. Their next dividend is due in 23rd Feb and is likely to be 18.5c.
GrainCorp (GNC): this cyclical agribusiness is already down over 30% after delivering a sharp downgrade this week. The grain handler flagged global oversupply and competition for its ~25% downgrade to EBITDA. They now see an underlying profit in the wide $20-50mn range for FY26, down from $87mn previously, though consensus still has them on a yield of 8%, with the next dividend due in July, earmarked at 24c total (including a 10c special).
Magellan (MFG): the share price is unchanged over the last 3-years albeit with a few spikes along the way. For 2026/27 the key for Magellan will be stabilising FUM after they saw ~$300mn in outflows in the last quarter. Dividends could rise from FY25’s 73.3c supported by a strong balance sheet and the company’s new 80% minimum-payout guidance. With strategic partnerships still delivering an earnings tailwind we can see a +5% yield this year, with a ~20c dividend due in February.
