Page 14 - Jonathan Mott News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dividend rise, buybacks likely at CBA Feb 3, 2021 – 6.00pm Save Share Commonwealth Bank shareholders are poised to receive a 50 per cent increase in the dividend on February 10 over last year’s reduced payment, as analysts are now looking towards the possibility of buybacks before the year is out. The bank’s board will be careful to tread a fine line between rewarding shareholders and the expectations of the prudential regulator when CEO Matt Comyn presents first-half results, but analysts’ reports suggest a significantly higher distribution is a foregone conclusion. Analy...

LICs stand out for yield hunters Listed investment companies could be on the brink of a revival as the prospect of miniscule bank deposit interest rates for the next three years puts the spotlight on fully franked dividend yields. Feb 3, 2021 – 12.00am Share The Reserve Bank of Australia’s declaration that official interest rates will remain at the ultra-low 0.1 per cent for another three years must inevitably force retirees and others with money in the bank to go out on the risk curve. This means it is highly likely a big chunk of the $1.1 trillion in household bank deposits in Australia...

End of dividend shackles a Christmas gift for bank bulls In yet another sign of Australia's impressive COVID-19 recovery, the prudential regulator will no longer cap bank dividends. But how hard will they bounce? Dec 15, 2020 – 10.48am Share The Australian Prudential Regulation Authority has copped its share of criticism over the past few years, but chairman Wayne Byres can end 2020 feeling pretty happy that a decade of work has delivered for the country at precisely the right moment. Having been smashed by the banking royal commission and others for essentially putting the stability of the...