Suncorp Group ( (AU:SUN) ) has issued an update.
Suncorp Group Limited announced a new distribution for its security, SUNPI, with a fully franked cash amount of AUD 1.2375. The distribution rate was calculated at 4.9096% per annum, based on a formula incorporating the Bank Bill Rate and a margin. The ex-date for this distribution is set for May 30, 2025, with the record date on June 2, 2025, and payment scheduled for June 17, 2025. This announcement reflects Suncorp’s ongoing commitment to providing returns to its stakeholders, potentially enhancing its market position and investor confidence.
More about Suncorp Group
Suncorp Group Limited is a prominent entity in the financial services industry, primarily offering banking, insurance, and wealth management services. The company focuses on providing a wide range of financial solutions to its customers across Australia and New Zealand.
YTD Price Performance: 19.68%
Average Trading Volume: 163
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $12.8B
See more data about SUN stock on TipRanks’ Stock Analysis page.
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