Pepper Money Reports Downturn, Raises Dividend
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Pepper Money Reports Downturn, Raises Dividend

Pepper Money Ltd (AU:PPM) has released an update.

Pepper Money Limited reported a decline in their half-year financial results for 2024, with net interest income, total operating income, and net profit after income tax falling by 8%, 4%, and 11%, respectively. Despite the downturn, the company has announced an increase in its interim dividend to 5.0 cents per share, up from 3.5 cents in the previous corresponding period. The net tangible assets per ordinary share showed a marginal increase from $1.59 to $1.60.

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

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