Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia and internationally. Its Australia Retail division offers home and personal loans, deposits, and credit cards through the branch network, home loan specialists, contact centers, self-service channels, and third-party brokers, as well as financial planning services. Its Australia Commercial division provides asset financing for small business owners, medium and large commercial customers, high net worth individuals, and family groups. The company's Institutional division offers documentary trade, supply chain and commodity financing, cash management solutions, deposits, payments, and clearing services; loan syndication, loan structuring and execution, project and export finance, debt structuring and acquisition finance, and corporate advisory services, as well as loan products; and risk management services. It serves governments, and global institutional and corporate customers. The company's New Zealand division provides banking and wealth management services to consumer, and private banking and small business banking customers through its Internet and app-based digital solutions, network of branches, mortgage specialists, relationship managers, and contact centers; and traditional relationship banking and financial solutions for small, medium, and large enterprises, agricultural business segments, and government and government-related entities. Its Pacific division offers retail products, and traditional relationship banking and financial solutions. This division serves retail customers, small to medium-sized enterprises, institutional customers, and governments. The company was founded in 1835 and is based in Melbourne, Australia.
Australia and New Zealand Banking Dividend Announcement
• Australia and New Zealand Banking announced a semi annually dividend of A$0.83 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-05-13
• Australia and New Zealand Banking annual dividend for 2024 was A$0.83
• Australia and New Zealand Banking annual dividend for 2023 was A$1.75
• Australia and New Zealand Banking's trailing twelve-month (TTM) dividend yield is 5.7%
• Australia and New Zealand Banking's payout ratio for the trailing twelve months (TTM) is 74.52%
• Australia and New Zealand Banking's dividend growth over the last five years (2018-2023) was 1.47% year
• Australia and New Zealand Banking's dividend growth over the last ten years (2013-2023) was 0.48% year
Australia and New Zealand Banking Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-13 | A$0.83 | semi annually | 2024-07-01 |
2023-11-16 | A$0.94 | semi annually | 2023-12-22 |
2023-05-15 | A$0.81 | semi annually | 2023-07-03 |
2022-11-07 | A$0.74 | semi annually | 2022-12-15 |
2022-05-09 | A$0.72 | semi annually | 2022-07-01 |
2021-11-08 | A$0.72 | semi annually | 2021-12-16 |
2021-05-10 | A$0.70 | semi annually | 2021-07-01 |
2020-11-09 | A$0.35 | semi annually | 2020-12-16 |
2020-08-24 | A$0.25 | semi annually | 2020-09-30 |
2019-11-11 | A$0.81 | semi annually | 2019-12-18 |
2019-05-13 | A$0.81 | semi annually | 2019-07-01 |
2018-11-12 | A$0.81 | semi annually | 2018-12-18 |
2018-05-14 | A$0.81 | semi annually | 2018-07-02 |
2017-11-13 | A$0.81 | semi annually | 2017-12-18 |
2017-05-08 | A$0.81 | semi annually | 2017-07-03 |
2016-11-14 | A$0.81 | semi annually | 2016-12-16 |
2016-05-09 | A$0.81 | semi annually | 2016-07-01 |
2015-11-06 | A$0.97 | semi annually | 2015-12-16 |
2015-05-08 | A$0.87 | semi annually | 2015-07-01 |
2014-11-07 | A$0.97 | semi annually | 2014-12-16 |
2014-05-09 | A$0.84 | semi annually | 2014-07-01 |
2013-11-07 | A$0.93 | semi annually | 2013-12-16 |
2013-05-09 | A$0.74 | semi annually | 2013-07-01 |
Australia and New Zealand Banking Dividend per year
Australia and New Zealand Banking Dividend growth
Australia and New Zealand Banking Dividend Yield
Australia and New Zealand Banking current trailing twelve-month (TTM) dividend yield is 5.7%. Interested in purchasing Australia and New Zealand Banking stock? Use our calculator to estimate your expected dividend yield:
Australia and New Zealand Banking Financial Ratios
Australia and New Zealand Banking Dividend FAQ
Other factors to consider when evaluating Australia and New Zealand Banking as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Australia and New Zealand Banking's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Australia and New Zealand Banking publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Australia and New Zealand Banking distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Australia and New Zealand Banking are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Australia and New Zealand Banking sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Australia and New Zealand Banking distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Australia and New Zealand Banking declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Australia and New Zealand Banking's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Australia and New Zealand Banking's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.