Company News Summary
Pendal Group Provides Chairman and CEO Addresses to AGM including Business Update
10 Dec 2021 | 10:01:00 | Associate analysts | Increase | Decrease |
Original announcement: Chairman and CEO Addresses including Business Update
Pendal Group provided Chairman's and CEO's addresses to AGM including business update. It delivered a 24-cps final dividend to its shareholders, taking the full-year dividend to 41 cps, an 11% increase over the prior year 2020. This equates to a current dividend yield of 7.1%. The total dividend for the 2021 Financial Year was 41 cps, up 11% compared to FY 2020. The dividend payout ratio of 89% is above the mid-point of the Boards policy of a payout ratio of between 80-95%.
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