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Showing 201 - 210 of 1880 results for "Dividend"

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 ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... (FY25 - FY27) before starting to decrease. ASX also intends to maintain its capital management settings, aiming for a dividend payout ratio of between 80% and 90% of underlying net profit after tax for the medium term. The Dividend Reinvestment Plan ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
As the number of business insolvencies spike, workers will soon be able to claim unpaid superannuation owed to them by defunct employers under the Fair Entitlements Guarantee (FEG) Recovery Program. From 1 July 2024, staff who worked for employers that ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... time of writing, ANZ's share price was up 0.32% to $28.02, bringing its year-to-date gain to 7.7%. It carries an annual dividend yield of 6.32%.