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Showing 151 - 160 of 1833 results for "dividend"

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... deliver positive outcomes for both clients and shareholders," Formica said. Magellan shareholders will receive a final dividend of 28.6 cents per share, to be paid September 4. Magellan's share price responded positively to the announcement, up more ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... share price has risen 12.38% at the time of writing, following its results announcement. It will pay a fully franked dividend of 39.3 cents, up 30% from last year. In July, APRA imposed additional licence conditions on Fiducian Portfolio Services Limited ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... it will return capital of up to $75.3 million, undertake an on-market buy back of $20 million, and plans to reinstate dividend payments once sustained profitability is achieved. Andrew Russell was appointed on July 28 as group chief executive to stabilise ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... Challenger reported a normalised net profit before tax (NPBT) increase of 17% to $608 million and raised its full-year dividend by 10% to 26.5 cents per share fully franked, in its FY24 results released today. The financial services group said its NPBT ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... million acquisition of Millennium3 in December, consistent positive operating cashflow has enabled us to return to a dividend cycle," he said. On 8 December 2023, WTL finalised its acquisition of Millennium3 Financial Services from Insignia Financial ...

J.P. Morgan expands ETF suite

MATTHEW WAI  |  THURSDAY, 1 AUG 2024
... and New Zealand, Mark Carlile, JEGA could be the solution for investors looking to complement or substitute existing dividend yield strategies. "Investors continue to seek high levels of income, but they also want exposure to stock markets with less ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... cheaper price-to-earnings (P/E) ratio. "Commonwealth Bank is expensive. On a forward P/E over 20 times and a fully franked dividend yield under 4%, valuation metrics leave little room for disappointment. The share price strength is at odds with our three-year ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
The world's largest listed companies took on US$378 billion of net new debt last financial year, driving corporate debt to an unprecedented US$8.18 trillion, according to Janus Henderson's latest corporate debt index. While significant, the increase ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
Morningstar analysts have revealed what they believe to be undervalued stocks with sustainable above average dividend payouts to buy and hold for the long-term, with an Australian name making the list. The analysis found Dexus, Telus Corp and Sociedad ...