The financial regulator has signalled the cap on banks'dividend payments might be scrapped as the country's economic outlook improves,triggering a jump in share prices of the big four lenders.
Investors need to consider what is more important – getting a decent income flow from their investments or absolute stability in the capital value of those investments.
ANZ chief executive Shayne Elliott predicts the full economic impact of the coronavirus pandemic will be felt next year after government wage support packages come to an end.
The US central bank is extending until the end of the year its restrictions on large banks and financial services companies paying out dividends and buying back stock.
The dividend game in Australia has changed. Both in how much to expect in your pocket,and where it’s going to come from.
The loss was driven by a $1.32 billion writedown for its troubled business in America,but the building products maker was also hit by lower sales and production volumes in the pandemic.
QBE Group chief executive Pat Regan says a trend that has seen insurance premiums surge at the quickest pace in almost two decades will continue into next year.
Retirees who depend on bank dividends for income cheer as lenders receive a green light to resume making half-yearly payouts.
The financial regulator has given hard-hit investors who rely on bank dividends a reprieve,but it still wants banks to retain at least half their profits.
The ASX-listed building products giant has ditched its payout to shareholders and its CEO and other senior executives have forfeited short-term bonuses.
Emilio Gonzalez says active management is the way to go during extreme market volatility,despite the group booking a sharp drop in performance fees last quarter.