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Showing 601 - 610 of 1882 results for "Dividend"

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 ...

HUB24 launches multi-currency functionality

KRISTI CHENG  |  THURSDAY, 25 JUL 2019
Investment managers are now able to include up to 10 foreign currencies when implementing managed portfolio investment strategies on HUB24 with the platform's new multi-currency functionality. The new function will be available within international ...

Aussie income fund added to platforms

KRISTI CHENG  |  MONDAY, 22 JUL 2019
A global infrastructure manager has announced its Infrastructure Income Fund is now available on a wide suite of retail investment platforms. The RARE Infrastructure fund is now on eight retail investment platforms, with BT Wrap being the latest addition. ...