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Showing 91 - 100 of 774 results for "dividends"

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... the Vinva board. Magellan said it expects the acquisition will immediately contribute to profits, as well as preferred dividends in FY25 and FY26 and potential performance fees. Under the deal, Magellan will distribute Vinva's Australian and global ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... highlighted that during the period, shareholders had been rewarded with a near-trebling of the share price and regular dividends. He also expressed confidence in the growth outlook, affirming to continue streamlining the current operating business model ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... borrowing increased by 59.9% on a constant-currency basis to US$74 billion, due to CSL's acquisition of Vifor and BHP's dividends exceeding free cash flow significantly. Interest costs rose by 24.5% and are expected to rise more sharply in the current ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... obligation to properly fund employee entitlements." "Since the recovery program was established, the recovery of FEG as dividends in the liquidations has increased from 14 cents in the dollar to 34 cents in the dollar. Since its inception, the program ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Chalmers said. "A stronger Budget means we save around $80 billion in interest costs over the decade. These are the dividends of our responsible economic management." In addition to reducing debt and delivering a surplus, Chalmers said his government ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... achieve our target leverage range of 1.0-1.5x through 2024 after which we will be in a position to consider reinstating dividends," he said. Last year, Iress established the Managed Portfolio division that was then separated into the UK and Other units. ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... companies use buybacks as a release valve to return excess capital to shareholders without setting expectations for dividends that might not be sustainable long term. "This is especially appropriate in cyclical industries like oil or banking. That flexibility ...

Class action building against GEMI Capital

ELIZA BAVIN  |  MONDAY, 15 APR 2024
... loans. Investors in the group's mortgage funds started mulling a class action when GEMI put a freeze on redemptions and dividends. GEMI had been making regular investment updates providing second or first mortgage facilities which suddenly stopped in ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... Islamic Musharaka principles. Money borrowed to buy the property, which was placed in an SMSF, was repaid as rent and dividends rather than interest. The SMSF initiative follows Meezan's launch of a low-cost digital investing solution for the wider Australian ...

Listed companies drive economy's momentum: ABDO

KARREN VERGARA  |  THURSDAY, 21 MAR 2024
... expected; 30% beat their EPS expectations and 20% missed it. Sales and margins were also better than expected, while dividends paid were higher. Overall, Bruce said that this was a "pretty good outcome" when it came to comparing how companies performed ...