Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 321 - 330 of 1834 results for "dividend"

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... share were 16.3 cents (up 92% from June half last year) and statutory EPS was 10 cents (up 61%). It declared a maiden dividend of five cents per share, fully franked. The group's underlying revenue was $102.7 million for the half, which is 52% higher ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
Magellan Financial Group will start paying taxes at the full 30% rate from FY24, as the government abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that ...

Stellar year of returns for Aussie equities funds

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... performer in the category for the year at 34.2%, followed by Plato Australian Shares Income Fund (27%) and Ausbil Active Dividend Income Fund (29.1%). Their three-year annualised returns are 10.3/2%, 11.1% and 11% respectively.

SEEK raising $260m for new fund

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
The ASX-listed jobs listing business will raise $260 million from external investors for a new fund that invests in employment-related businesses. The SEEK Growth Fund is a pooled unit trust formed after SEEK's strategic review of its Asia Pacific and ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... against CFSI in the Federal Court regarding its communication to members about the rollout of MySuper. CBA will pay a final dividend of $2.00 a share, taking the total to $3.50 per share fully franked. The bank will also undertake a $6 billion off-market ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
EQT Fund Management increased its takeover bid for Iress and made allowances for an interim dividend for shareholders. EQT upped its bid from $15.75 per Iress share to $15.91 plus a dividend of 16 cents per share. In its two previous bids, EQT did not ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... and ensure we have the flexibility to withstand market movements," he said. Challenger will pay shareholders a final dividend of 10.5 cents per share, bringing the full year dividend to 20 cents.

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... some investors to claim 'there is no alternative' to equities as a source of yield," Morningstar said. "In Australia, dividend payout ratios are relatively high due to the dividend imputation system, which returns corporate tax to Australian resident ...

Redpoint launches equity income fund

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
Boutique Redpoint Investment Management has launched a fund targeting strong dividend-paying Australian companies. The Redpoint Australian Equity Income Fund aims to outperform the S&P/ASX 200 Accumulation Index (Total Return) over a three to five-year ...

T. Rowe Price names chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 JUL 2021
... equity, head of US equity, director of equity research, and a portfolio manager of the US Structured Research Equity and US Dividend Growth Strategies. "Over the course of my 20-year partnership with Rob, he has consistently demonstrated his abilities ...