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The latest announcement is out from Bendigo & Adelaide Bank ( (AU:BEN) ).
Bendigo and Adelaide Bank has announced a new quarterly distribution on its BENPH Capital Note 3, a perpetual, non-cumulative, floating-rate security tied to BBSW plus a margin. The bank will pay a cash distribution of AUD 1.4069 per note for the period ending 15 June 2026, with an ex-date of 2 June, record date of 3 June, and payment scheduled for 16 June 2026.
The announcement confirms continuation of regular income payments to holders of the BENPH capital notes, underscoring the bank’s ongoing use of hybrid securities as part of its capital management structure. The scheduled distribution supports investor confidence in the instrument’s cash flow profile and signals stable funding arrangements ahead of the notes’ first optional redemption timing in 2027.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
More about Bendigo & Adelaide Bank
Bendigo and Adelaide Bank Limited is an Australian financial institution operating in the banking and financial services industry. It provides retail and business banking products, including lending, deposit and investment services, and raises regulatory capital through listed instruments such as perpetual capital notes targeted at income-focused and institutional investors.
YTD Price Performance: -3.26%
Average Trading Volume: 1,589,574
Technical Sentiment Signal: Hold
Current Market Cap: A$5.62B
For detailed information about BEN stock, go to TipRanks’ Stock Analysis page.