The Australian insurer is positioned to pay out significant dividends to shareholders through June 2023.
An agreement to sell its banking unit to ANZ, excess capital above regulatory requirements and
a payout ratio at the high end of its 60% to 80% range could add up to A$6 billion ($4 billion) of distributions.
This equates to about 40% of its current market capitalization. —Matt Ingram
https://www.bloomberg.com/features/companies-to-watch-2023/?cmpid=BBD010923_CAS&utm_medium=email&utm_source=newsletter&utm_term=230109&utm_campaign=closeasia&sref=iX5RR1t4
News: SUN Australia's ACCC Says Begins ANZ, Suncorp Merger Authorisation Review, page-6
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Last
$17.41 |
Change
0.230(1.34%) |
Mkt cap ! $22.15B | |||
| Open | High | Low | Value | Volume |
| $17.20 | $17.62 | $16.81 | $43.70M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138 | $17.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.49 | 8540 | 1 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| SUN (ASX) Chart |