LACHLAN MOFFET GRAY25 MINUTES AGO | 10.12AMIOOF special dividend after profit jump
IOOF Holdings has declared a special dividend after it almost doubled its half-year profit after the company grew funds under administration and gross margin in the period.
Net profit after tax lifted 96 per cent to $54.4m after funds under administration, management and advice lifted 39 per cent to $202.4bn.
A fully franked interim dividend of 8 cents per share was declared, as well as a special dividend of 3.5 cents a share.
The company said the growth in funds under administration came in spite of a $699m outflow under the government’s COVID-19 early release of super scheme.
The company said it would complete its acquisition of MLC and implement $65m-$85m in synergies by the end of the financial year.
LACHLAN MOFFET GRAY25 MINUTES AGO | 10.12AMIOOF special dividend...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.44 |
Change
0.030(1.24%) |
Mkt cap ! $1.636B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.44 | $2.39 | $4.383M | 1.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21628 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 67612 | 7 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| IFL (ASX) Chart |