Listed companies on the South Pacific Stock Exchange have declared $55 million in dividends by July 2026, a 15 percent increase compared to the $48 million declared during the same period last year.
SPX says the increase reflects continued value being delivered to shareholders as Fiji's capital market records strong growth.
The Exchange says year-to-date trading value has reached $77.7 million, representing a 166 percent increase compared to the same period last year and the highest market turnover recorded since 2015.
Trading volume has also risen 191 percent to more than 42.6 million shares, while the total number of trades is up nearly 65 percent, reflecting increased investor participation, higher trading activity and continued confidence in Fiji's capital market.
SPX says investor participation has continued to strengthen, with 727 new investors entering the market by July this year, a 202 percent increase over the same period in 2025.
The Exchange says it has also seen record monthly investor sign-ups, with 111 new investors in June and 116 in July, the highest monthly figures on record.
SPX says its awareness and outreach campaign, launched in late 2024, has helped increase public understanding of stock market investing, with more first-time investors entering the market.
They add overall market indicators have also continued to strengthen with market capitalisation has rising to $4.05 billion, a 12.22 percent increase year-on-year and its highest level since January 2020.
As at end July, the SPX market indices have recorded positive growth, with the SPX Total Return Index, which tracks both price movement and dividend returns of listed companies, recording 4 percent growth since the start of 2026 and up 11.35 percent year-on-year.
SPX says 2026 has produced a series of firsts with this being the first year in SPX's history to record both equity and debt new listings while the licensing of a new stockbroking firm, the first in 25 years, has expanded the market's distribution capacity.
The Exchange is concurrently advancing a number of critical market development initiatives spanning technology enhancements, improvements to the regulatory framework, and new product development.
They say these initiatives are expected to be consequential to the future growth and depth of the Fijian capital market.
SPX CEO Sheraj Obeyesekere says these results reflect a deliberate programme of work begun in mid-2024 by the Exchange and by the market as a whole to make the Fijian stock market more visible, more accessible and more relevant to ordinary Fijians and the economy.
He adds these developments reflect the combined effort of listed companies, the licensed stockbroking firms, investment advisors and the Reserve Bank of Fiji, alongside the Exchange's own market development programme, adding SPX remains focused on the structural reforms ahead.
