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Showing 381 - 390 of 1834 results for "dividend"

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... he said in the memorandum of information. The fund is targeting annual post-fee return of 8% and over, with 4% gross dividend yield. It will start with investments in 11 underlying investments in four sectors. This includes renewables (four wind farms ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... traditional equity income strategies," Pengana said in a letter to investors. "The major banks and many other traditional dividend payers have underperformed companies with lower dividend yields that do not meet the criteria for inclusion in the income ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... from the prior corresponding period. Despite the poor result NAB still declared a 30 cents per share fully franked final dividend. "Our operating environment is evolving through the ongoing challenged and uncertainties associates with COVID-19," NAB ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
Pendal reported $116.4 million or 25% lower net profit after tax in the year ending September, even as inflows started to pick up in the last three months. The figure includes its seed investments' movements which were marked-to-market. If it weren't ...

Aware Super, OptiComm deal still alive

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... Aware's most recent proposal, OptiComm shareholders would receive cash proceeds of $6.50 per share (inclusive of a dividend of 10 cents). Aware's offer was topped by Uniti just a couple of days later. Uniti offered shareholders $6.67 per OptiComm ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... self-funded retirees have received a significant hit to their income. "Fortunately, despite widespread concern about dividend income, we are seeing some strength emerge in dividends outside of the banks."

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... improved returns and help pave the way for a re-set of our cost base," he said. Westpac will pay a 31 cent fully franked dividend.

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... of climate change. "That's a $3.4 trillion lost opportunity over the next half a century. But there's a $680 billion dividend that's ours for the taking if we do rise to this challenge, along with 250,000 more jobs," it said. The report found that over ...