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Showing 311 - 320 of 765 results for "dividends"

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
... However, the LIC's investment performance has remained under the benchmark, the MSCI world total returns index, net dividends reinvested in A$. PIA's investments returned 11.9% to the financial year ending June 2018. This was 3.5% below the benchmark's ...

Magellan funds record $331m profit

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... record, typically for a minimum of three years. Magellan has also revised its dividend policy, flagging that future dividends will likely be partially franked as opposed to the current full franking. The revised policy will pay out final and interim ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... company with a strong earnings base, with pro forma 2017 NPAT of about $500 million and a strong capacity to pay franked dividends, CBA said. "Today's announcement is another step in our stated priority to become a simpler, better bank and has followed ...

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
... tighten. It also assumes house prices will fall by 5% over the coming year but bad debts will not swell significantly. The dividends could dry up and stocks of major banks fall up to 40% if credit growth falls more substantially by a 2-3% compound, and ...

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... the 30% corporate rate on its earnings. The company intends to deliver shareholders a growing stream of fully franked dividends in addition to providing capital growth," Wilson said.

Praemium chief executive returns to board

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... the board by engaging the support of several Praemium investors at a general meeting of shareholders. The move paid dividends for Ohanessian, who successfully disposed of the board which ended his tenure with the platform. In a statement released to ...

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... corresponding period. "This record result...represents six years of uninterrupted growth in FUM, base management fees and dividends. This growth has been supported by our strategy of diversifying across markets, expanding our product range and recruiting ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
... companies outside of the top 30 ASX-listed companies. Following the change, the board expects the cash coverage of CIE's dividends and to increase over time as CIE's overall equity position rises, following the asset allocation change. It also expects ...

Personal tax cuts lead the Budget

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... Australians paying 37 cents in the dollar," Morrison said. The budget also wants all investors who are receiving franked dividends to keep their tax refunds, in a move to oppose tax grabs on retirees and pensioners. It reassured that it's already-legislated ...

Beer tap runs dry for $2 billion manager

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
... producer Anheuser-Busch Inbev at $20 a share, eleven years later the price rose to about $100 a share - not counting dividends. PM Capital's investments in beer stocks hit their peak in 2008, when it put 22% of its total portfolio into brewing companies. ...