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Insurance Australia Group Announces New Dividend Distribution

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Insurance Australia Group Announces New Dividend Distribution

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

Insurance Australia Group Limited has announced a new dividend distribution for its security, CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-06-29, with a distribution amount of AUD 1.5786. The payment date is set for March 17, 2025, with a record date of March 5, 2025, and an ex-date of March 4, 2025. The distribution rate, adjusted for the franking rate, stands at 6.3317% per annum, reflecting a strong financial position and commitment to shareholder returns.

More about Insurance Australia Group Limited

Insurance Australia Group Limited is a major player in the insurance industry, providing a range of insurance products and services. The company focuses on delivering comprehensive insurance solutions and is listed on the Australian Securities Exchange under the code IAG.

YTD Price Performance: 7.74%

Average Trading Volume: 2,786

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.22B

For detailed information about IAG stock, go to TipRanks’ Stock Analysis page.

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