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IAG Announces Upcoming Dividend Payment

IAG Announces Upcoming Dividend Payment

Insurance Australia Group Limited (AU:IAG) has released an update.

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Insurance Australia Group Limited (IAG) has announced a new dividend distribution for its perpetual non-cumulative capital notes, with a payment of AUD 1.5637 per note set for December 16, 2024. Investors must hold the notes by the record date of December 4, 2024, to be eligible for the distribution, which is based on a distribution rate of 6.2721% per annum, adjusted for a 50% franking rate.

For further insights into AU:IAG stock, check out TipRanks’ Stock Analysis page.

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