CGF 0.29% $6.81 challenger limited

News: CGF Challenger sees FY18 normalised NPAT of between $545 mln and $565 mln

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    Aug 15 (Reuters) - Challenger Ltd (CGF) -

    • In fy18 challenger is targeting normalised net profit before tax of between $545 million and $565 million
    • Expects to maintain a fully franked dividend payout ratio of 45 to 50% of normalised profit after tax
    • continues to target an overall normalised pre-tax return on equity of 18%
 
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