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EQT Holdings Ltd. ( (AU:EQT) ) has issued an announcement.
EQT Holdings Limited reported robust growth in funds under management, administration, and supervision (FUMAS), reaching a record $224 billion, up 25.8% year-on-year. Despite an increase in expenses due to strategic integrations and transitions, the company declared a higher dividend, reflecting confidence in its business model and strong cash flow. The integration of Australian Executor Trustees (AET) was completed successfully, positioning the company to leverage future growth in earnings and dividends.
More about EQT Holdings Ltd.
Equity Trustees is a leading independent trustee company in Australia, specializing in trustee and wealth services as well as corporate and superannuation trustee services. The company holds majority market shares in these key growth areas and focuses on leveraging its specialist expertise and technology investments to support its operations.
YTD Price Performance: 8.12%
Average Trading Volume: 22,157
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$925.9M
Learn more about EQT stock on TipRanks’ Stock Analysis page.