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Showing 701 - 710 of 1835 results for "dividend"

Financial services ripe for mergers and acquisitions

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
... approval. "In particular, the payment of special dividends is a case where companies will seek an ATO class ruling on how the dividend will be treated. This will provide additional certainty to shareholder's target company that franking credits will ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
... Operating income rose 2% to $10.4 billion and earnings per share rose to $6.58. Macquarie declared a 45% franked ordinary dividend of $4.70, up from $4 (40% franked) in FY16. As usual, the bulk of this performance - around 70% - was driven by Macquarie's ...

Exposing the hidden risks of cash

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... dividends seems well above even today's cash rate." Illustrating this, he pointed to the average decline of 32% of gross dividend yield across all economic crises since the 1890s depression. He demonstrated that the income from cash on a $10,000 investment ...

Milton to acquire $18m unlisted manager

ALEX BURKE  |  FRIDAY, 21 JUL 2017
... million and net profit was down 3.5% to $122 million. Earnings per share fell by 4.9% to 18.8c, but Milton increased its dividend by 1% to 10c. Gooch said: "A common theme that emerges when we meet with shareholders is the importance they place on Milton's ...

MDA provider builds custom solution

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
Another financial advice group is embracing managed accounts, partnering with provider managedaccounts.com.au to create a bespoke solution. The MDA provider has partnered with The Wealth Partnership in what managedaccounts.com.au head of distribution ...

Countplus sells off underperformers and merges firms

ALEX BURKE  |  FRIDAY, 14 JUL 2017
... merged two member firms and sold three others following its strategic review which also led to the group not paying a dividend for the June 30 quarter. The firms being sold, Countplus explained, generated an aggregate operating loss of about $160,000 ...

Second private equity firm bids $2.2bn

ALEX BURKE  |  WEDNESDAY, 12 JUL 2017
One of Asia's largest specialist private equity firms is matching KKR's bid for an Australian telecoms operator. Affinity Equity Partners has submitted a non-binding proposal to acquire 100% of Vocus Group for $3.50 per share, for a total of $2.2 billion. ...

Transport bolsters listed infrastructure demand

KARREN VERGARA  |  MONDAY, 10 JUL 2017
... class and diversification benefits," he said. Investors can expect high single-digit total returns, including a 3%-3.5% dividend yield from this asset class, he added. Globally, Meyer is increasingly seeing institutional clients replace part of their ...

Banks continue campaign to discredit SA bank tax

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
Australia's big four banks again warned South Australians of the impact a state-based tax would have as the South Australian Liberal opposition confirmed it will move to block the tax's implementation. In an open letter to South Australian customers ...

Short-termism obsession misses premia: Study

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
Investors are missing out on return premiums of up to 1.5% per annum simply because they are too focused on quarterly earnings and short-term gains. Moving out of a short-termism mentality requires a "major shift" in asset managers' mindset and skills ...