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Showing 91 - 100 of 754 results for "Dividends"

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
ClearView's decision to target the life insurance market solely is paying off as it grows its in-force premiums during the 2023 financial year and new business pours in. ClearView's new business sales was driven solely by its ClearChoice products suite ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... franked final dividend of 2.0 cents per share to be paid at the end of September, delivering fully franked FY23 ordinary dividends of 3.0 cents per share. "The company is well positioned to continue its growth strategy and now considers it is an appropriate ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... our capital management program, we have returned $610 million in capital to shareholders through the share buyback and dividends in the past 12 months, and we have a remaining $140 million to be returned by the end of October 2023, through the interim ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... incurring higher expenses because of inflation and a large technology spend. CBA paid $4.50 per share in fully franked dividends, up 17% year on year. The bank's massive profit has drawn the ire of the Finance Sector Union, which argues that on the back ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
... time, some negative impact could be felt at the household level, with these kinds of companies typically paying strong dividends to shareholders. "The enormous scale of Australia's housing crisis demands bold solutions," CFMEU national secretary ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... intelligence." Outside of tech, BHP's return of 24.8% was also appreciated, with the fund noting the circa $20 billion in dividends it paid in FY23 following $24 billion the previous year. "To put this in context, over the previous two years BHP ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... investment adviser or manager made $170,000. For investments, more than 2.8 million individual investors earned franked dividends of $8509 on average. Franking credits were valued at $3412. Nearly 1.7 million partnerships and trusts (excluding non-primary ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... simpler, stronger bank. Disciplined cost and margin management has lifted our return on equity and allowed us to increase dividends to 70 cents per share." "We've grown in a disciplined way in mortgages, performed well in business and institutional ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... results, the bank's stock price dropped by 50%. In addition to these financial results, First Republic Bank suspended dividends on common stock and noncumulative preferred stock. The bank is also taking steps to reduce expenses, including significant ...