Suncorp Group ( (AU:SUN) ) just unveiled an announcement.
Suncorp Group Limited has announced a new distribution for its security SUNPJ, with a distribution amount of AUD 1.2198, fully franked. The distribution rate was calculated at 4.8396% per annum, based on a combination of the Bank Bill Rate and a margin, adjusted for tax. This announcement reflects Suncorp’s ongoing financial strategies and may influence investor perceptions and market positioning.
More about Suncorp Group
Suncorp Group Limited operates in the financial services industry, offering a range of products including banking, insurance, and investment services. The company primarily focuses on providing comprehensive financial solutions to individuals and businesses in Australia and New Zealand.
YTD Price Performance: 19.68%
Average Trading Volume: 163
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $12.8B
Find detailed analytics on SUN stock on TipRanks’ Stock Analysis page.
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