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Showing 1 - 10 of 34 results for "Reinvestment Plan"

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... 2027. This capital charge is expected to be funded by a reduced dividend payout ratio and a discounted dividend reinvestment plan which is expected to operate for at least the next three dividend payments." Moving forward, Lofthouse said the ASX aims ...

FNZ wins mandate, names APAC head

JAMIE WILLIAMSON  |  TUESDAY, 18 MAR 2025
FNZ has been handed a mandate by a $56 billion industry super fund, while also welcoming a Sydney-based head of Asia Pacific. The wealth technology platform has been selected by CareSuper to take over as its direct investment option (DIO) provider ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... dividend payout ratio of between 80% and 90% of underlying net profit after tax for the medium term. The Dividend Reinvestment Plan will continue to operate as part of this strategy.

Pinnacle to increase stake in Coolabah

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... recycling of equity to the next cohort of CCI's leaders." Pinnacle plans to use proceeds from its FY21 dividend reinvestment plan to buy the additional Coolabah stake. It expects to raise $32 million from the DRP which it says will be "primarily" used ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
An Australian investment manager has urged the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees. Plato Investment Management ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
The big four banks have all suffered a rating downgrade due to the COVID-19 fallout, while APRA warns they should cut dividends and bonuses. Fitch Ratings downgraded all four of the major banks, and their New Zealand subsidiaries, due to its expectation ...

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
VanEck is changing the domicile of three ETFs to cut out US tax forms for investors and to introduce dividend reinvestment plans. VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Morningstar Wide Moat ETF (MOAT) and VanEck Vectors China AMC CSI ...

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... Westpac's 3Q19 capital update, UBS highlighted the banking group will likely offer a discount on its dividend reinvestment plan. A dividend cut to 84 cents per share is also expected to be announced in the first half of 2020 as a result of ultra-low ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
... employees in the period. Interim dividend was kept flat at 94 cents and will be paid out on June 24. Dividend Reinvestment Plan will continue and a 1.5% discount will be applied to the market price, to add capital flexibility. The bank expects the GDP ...
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