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
The Australian insurer is positioned to pay out significant...
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Last
$16.94 |
Change
-0.105(0.62%) |
Mkt cap ! $21.56B | |||
| Open | High | Low | Value | Volume |
| $16.86 | $17.05 | $16.83 | $14.68M | 879.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 17087 | $16.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.94 | 3646 | 23 |
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| Last trade - 15.43pm 19/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |