Macquarie Group says an internal review has found the bank followed a rigorous process in handling the initial public offering.
Investors are betting on hefty capital returns at the upcoming round of earnings results,despite COVID-19 lockdowns threatening to derail the economic recovery.
Shareholder payouts from Australia’s biggest companies are expected to bounce back to pre-pandemic amounts in 2021 even as the nation rapples with the recent coronavirus resurgence.
Shareholders in the big-four banks look set to pocket higher dividends this year,as lenders enjoy a resurgence in profits thanks to the economy’s rebound.
Banks haven’t let the COVID crisis go to waste,taking the opportunity to cut their payout ratios to shareholders happy to grab what they can.
Bank dividends are expected to rise significantly when most of the country’s biggest lenders unveil their profits this week.
Some analysts believe the market is on the cusp of a dividend “super-cycle” after surprisingly strong company results.
CBA and Telstra had reasons for optimism,but the longer term impacts of the pandemic still shine through company results.
Furniture retailer Nick Scali is facing fresh political heat after hiking its dividend by 60 per cent despite claiming $3.5 million in JobKeeper payments.
Bank shareholders are set to pocket higher dividends in the year ahead,after the worst-case scenarios of 2020 did not eventuate.
ANZ chairman Paul O'Sullivan was playing it carefully when he told shareholders he understood their hunger for dividends yet warned that future dividend policy would depend on how sustainable those payments were.