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Showing 471 - 480 of 1882 results for "Dividend"

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... evidence rises are needed. Despite taking an 11.3% profit hit due to the impacts of COVID-19, CBA managed to still pay a dividend of 98 cents per share fully franked, adding to an interim payment of $2 a share. FSU national secretary Julia Angrisano ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... Income Generator (CIE) fund has been forced to change its investment strategy due to underperformance as a result of lower dividend yields, saying its strategy is no longer appropriate. The manager of the fund, Contango Funds Management, is proposing ...

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... up 22% to $46.8 million as at June 30, and EBITDA was up 1% to $18.2 million. Class declared a final, fully franked, dividend of 2.5 cents per share. "Class has successfully completed the first year of its Reimagination strategy and has now entered its ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... agreed market value of $451 million and $9 million which represents MUTB's 15% share of an AMP Capital first-half dividend. AMP Capital and MUTB will continue to cooperate strategically and continue to benefit from the mutual business relationship ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... positive momentum, with value stocks continuing to be left on the sidelines in both the first and second quarters. High dividend yielding companies were also out of favour with investors, while low volatility stocks also trailed significantly. "Active ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%. The bank announced its FY20 results, saying it reflects the impact of COVID-19 on its customers and the economy, adding ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... positioning of the $3 billion of Life cash and liquids' deployment over FY21. It is expecting to pay 45% to 50% normalised dividend payout ratio.

Wheelhouse names new partners

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
Wheelhouse Partners has completed its transition to its new independent structure after agreeing to acquire Bennelong Funds Management's stake in its business, naming a new chief operating officer, co-investor and distribution partner. The revised structure ...