dividend

Funds management

The dividend outlook for Australian equities in FY23 is looking more challenged than before, according to Ausbil, with resources companies expected to cut them by as much...

Financial planning

CBA profits up 23% as remediation costs fall

Commonwealth Bank of Australia has announced cash net profit after tax of $4.7 billion, up 23% on the first half of 2021, helped by a significant reduction in remediation...

Funds management

GQG launches dividend income fund

GQG, which recently listed on the Australian Securities Exchange, has launched the GQG Global Quality Dividend Income strategy....

Funds management

Backing M&A targets ‘more luck than genius’

While several companies are potential merger and acquisition targets, much of this is ‘opportunistic’ targeting of businesses impacted by COVID-19 so investors would be u...

Funds management

Days of reliable bank dividends ‘long gone’

Westpac should generate strong profits as loan losses fall, cash rates begin to rise, and cost savings are achieved, according to Morningstar....

Financial planning

ANZ posts $1.33b profit for 3Q20

The bank will also pay shareholders an interim dividend of 25 cents per share, fully franked, on 30 September....

Funds management

Equity investors need more 'yield agnostic' strategies

The looming dividend cuts have stressed the danger for equity investors relying on dividend yields alone, according to First Sentier Investors....

Funds management

ANZ reports 51% first half decline

ANZ has reported a 51% decline in first half net profit to $1.55 billion with no decision on an interim dividend....

Funds management

Clime Capital poised to acquire CBG Capital

Shareholders at CBG Capital are being urged to accept an acquisition offer from Clime Capital to acquire 58.46 per cent of its shares, or risk missing out on their next q...

Funds management

Fiducian profit up 15%

Fiducian Group has reported a 15 per cent growth in the underlying net profit after tax while funds under management, administration and advice grew 10 per cent....

Financial planning

Westpac takes 24% profit hit

Westpac has taken a 24 per cent hit to its first-half profit as it continues to accommodate hefty remediation costs and the exit of its financial planning businesses....

Financial planning

CountPlus reports NPAT for H218

The accounting and financial advice firm, CountPlus, has reported a net profit after tax of $2.6 million for the six months to 31 December, 2018, compared to a $3.3 milli...

Superannuation

Ordinary Aussies biggest beneficiaries of dividend refunds: FSC

The Financial Services Council has found that ordinary Australians who are members of large super funds are the biggest group benefiting from franking credit refunds, adv...