Count posts record net profit
Count Financial (Count) has posted a preliminary record net profit after tax (NPAT) of $52 million in the company's latest earning guidance and dividend announcement.
Count's NPAT is up 118 per cent on last year's annual results, while operating profit (EBIT) is expected to be around $25.5 million - down by 3 per cent compared to the same time last year.
Reported earnings per share (EPS) growth is around 115 per cent, while normalised EPS growth will be around 6 per cent, according to the release.
The financial planning group has also announced a fully franked 'risk/reward' dividend of 4 cents per share, bringing the annual dividend to 10 cents per share.
According to the announcement, this increase is equal to Count's previous record annual dividend, and represents a yield of 11 per cent fully franked.
Recommended for you
Donald Trump’s presidency has already begun reshaping the corporate and political landscape in the US, with executive orders rolling back diversity, equity, and inclusion (DEI) initiatives and clean energy efforts.
In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford are joined by AMP chief economist Shane Oliver to take a look at what can be learned from 2024 as attention turns to what markets will do in the new year.
Join us for a special episode of Relative Return Unplugged as hosts Maja Garaca Djurdjevic and Keith Ford are joined by shadow financial services minister Luke Howarth to discuss the Coalition’s goals for financial advice.
In this special episode of Relative Return Unplugged, we are sharing a discussion between Momentum Media’s Steve Kuper, Major General (Ret’d) Marcus Thompson and AMP chief economist Shane Oliver on the latest economic data and what it means for Australia’s economy and national security.