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Suncorp Group Announces New Distribution for SUNPH Security

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Suncorp Group Announces New Distribution for SUNPH Security

An announcement from Suncorp Group ( (AU:SUN) ) is now available.

Suncorp Group Limited announced a new distribution for its security SUNPH, with a fully franked cash amount of AUD 1.2551 per note, to be paid on June 17, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its stakeholders, calculated at a distribution rate of 4.9796% per annum, which is derived from the current bank bill rate and a set margin.

More about Suncorp Group

Suncorp Group Limited operates in the financial services industry, providing a range of banking, wealth management, and insurance products primarily focused on the Australian and New Zealand markets.

YTD Price Performance: 19.68%

Average Trading Volume: 163

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $12.8B

Learn more about SUN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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