IAG Sets June 2026 Quarterly Distribution on Hybrid Capital Notes

An announcement from Insurance Australia Group Limited ( (AU:IAG) ) is now available.

Insurance Australia Group Limited has announced a quarterly distribution on its ASX-listed capital notes IAGPF, a perpetual, non-cumulative instrument paying a floating rate over the three-month bank bill swap rate. The payment reflects IAG’s ongoing use of hybrid capital securities as part of its funding and capital management strategy, providing income to noteholders while supporting the group’s regulatory capital position.

For the quarter ending 14 June 2026, the distribution has been set at AUD 1.6605 per note, based on an annualised distribution rate of 6.6603% after adjustment for franking. The distribution will be paid on 15 June 2026 to holders on the record date of 3 June 2026, with the notes trading ex-distribution from 2 June 2026, clarifying timing and cash flow expectations for investors in the hybrid securities.

The most recent analyst rating on (AU:IAG) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.

More about Insurance Australia Group Limited

Insurance Australia Group Limited (IAG) is a major Australian general insurance company listed on the ASX, providing a range of insurance and risk products to retail and commercial customers. It also issues listed capital instruments, such as perpetual, non-cumulative, floating-rate capital notes, to support its regulatory capital structure and funding base.

Average Trading Volume: 5,808,148

Technical Sentiment Signal: Hold

Current Market Cap: A$17.12B

For an in-depth examination of IAG stock, go to TipRanks’ Overview page.