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Suncorp Group ( (AU:SUN) ) has shared an announcement.
Suncorp Group Limited has announced a new dividend distribution for its security SUNPJ, with a distribution amount of AUD 1.1095, fully franked. The distribution rate was calculated at 4.4503% per annum, based on a bank bill rate of 3.5575% plus a margin of 2.8%. This announcement reflects Suncorp’s ongoing commitment to providing returns to its stakeholders, indicating a stable financial performance and reinforcing its position in the financial services industry.
The most recent analyst rating on (AU:SUN) stock is a Buy with a A$25.00 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.
More about Suncorp Group
Suncorp Group Limited is a financial services company based in Australia, primarily engaged in providing banking, insurance, and wealth management services. The company focuses on delivering a range of products and services to retail and business customers across Australia and New Zealand.
Average Trading Volume: 2,495,097
Technical Sentiment Signal: Buy
Current Market Cap: A$22.82B
See more data about SUN stock on TipRanks’ Stock Analysis page.