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Showing 551 - 560 of 1834 results for "dividend"

Sovereign wealth fund plans Ancestry.com retreat

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
... according to Bloomberg News. GIC and Silver Lake will lend more money to Ancestry.com which will go towards funding a special dividend, the report said, adding that the investors are also looking for an extra distribution before year end. In May, Ancestry.com ...

State Street ETF in franking credit kerfuffle

KANIKA SOOD  |  THURSDAY, 15 AUG 2019
... rule'. Under this test, broadly if a fund has held a share for at least 45 days within a specified period around the ex-dividend date it can distribute any franking credits attached to that dividend," it said. "The second alternative is the 'benchmark ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... $200 million entitlement offer for its fund, Plato Income Maximiser (PL8). In response to increasing investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will undertake a capital raise targeting $200 ...

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... annuities." The group reported statutory net profit after tax $308 million, down 5% year on year. Its full-year, fully franked dividend was stable at 35.5 cents per share compared to FY18. Challenger shares rose to $6.98 at publication time, up from ...

ASIC fines Finclear $70,000

KRISTI CHENG, KARREN VERGARA  |  FRIDAY, 9 AUG 2019
... the close of trading day, informed the regulator, and cancelled the special crossing. The shares were trading on a cum-dividend basis at that time but the next day traded ex-dividend. Finclear then went to the ASX to create a special cum-dividend market ...

Rural FM dupes investors: Short-seller

KARREN VERGARA  |  FRIDAY, 9 AUG 2019
... siphon assets into RFM that would advantage management personally. The "largest nefarious transaction" was an undisclosed dividend recapitalisation of RFM's newly acquired cattle asset J&F Australia, Bonitas claimed. This included a $30 million special ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... and other factors resulted in a revaluation of client registers. The AMP board decided not to declare an interim 2019 dividend - at least until the completion of the sale of AMP Life. AMP Life earnings of $31 million were down 69% on 1H 2018 which the ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... shut down Financial Wisdom. It will additionally allow Pathways advisers to commence transitioning elsewhere. CBA paid a dividend of $4.31 per share. Its share price was trading at $78.51 at publication time. Chief executive Matt Comyn said six of the ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
... favour of an incentive based on group performance. From October 1 most ANZ staff will be rewarded with a group performance dividend based on the bank's performance across four perspectives: risk, financial, customer and people and reputation, instead ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
... upwards of $300 million to a pipeline of investment opportunities. It is targeting an internal rate of return of 15% and dividend yield of 3-4% over the life of the trust. Federation Asset Management chief executive Cameron Brownjohn said that stretched ...