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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 Board’s policy of a payout ratio of between 80-95%.

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