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Showing 221 - 230 of 1834 results for "dividend"

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
Mercer announced it will acquire BT Private Portfolio Management for an undisclosed amount after it finalised the transition of the superannuation and asset management units. Mercer will become the new owner of BT Private Portfolio Management (PPM) ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
According to an ASFA report, the government's proposed superannuation changes will improve equity by curbing tax benefits for high-income earners. The introduction of higher taxation for balances exceeding $3 million is projected to lead to a 9.5% ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... shareholders to double taxation. Company profits would still be subject to tax, but the shareholder would receive an unfranked dividend with no franking credit to offset the tax paid by the company." The company will have no retained profits - but will ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... after-tax returns for Australian resident investors in excess of the benchmark after fees, including an annual gross dividend yield (including franking) that exceeds the gross dividend yield of the benchmark. Apex Group has been appointed to provide ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
Capital markets will be potentially the epicentre of the next financial crisis, according to an investment expert, as unsustainable debt levels could tip global economies into a recession. In her recent visit to Australia, Ariel Investments chief investment ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... complemented by an 8.4% rise in global dividends which grew strongly to $1.56 trillion. The asset manager reported in its Global Dividend Index that 88% of companies across the globe raised dividends or held them steady. It also explained after adjusting ...

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
... Countplus said. In doing so, Countplus saw a reduction in annual operating losses of $429,000. The board declared an interim dividend of 1.50 cents per share, fully franked.

Diverger highlights M&A progress, pipeline

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
... business development staff as well as investor relations, HR and project management professionals. It will pay an interim dividend of 2c per share. As for an outlook, Diverger said: "It is expected there will be an earnings skew to the second half of ...