Latest Financials News

Perpetual Equity Investment Company Limited (ASX: PIC) will move from paying dividends semi-annually to monthly starting December 2026, aiming to offer shareholders a steadier income stream without altering its investment strategy.

AMP Limited reported a robust first half of 2026, with statutory profit rising 57% to $154 million and underlying profit up 33%, driven by strong Platforms growth, positive cashflows, and a doubling of China partnership contributions.

Pengana Global Private Credit Trust (ASX: PCX) has successfully completed a $31.25 million wholesale placement, issuing over 15.8 million new units at $1.97 each, reinforcing its diversified global private credit strategy.

Westpac has completed the $15.4 billion sale of its RAMS mortgage portfolio to a consortium including Pepper Money, KKR, and PIMCO, lifting its capital ratio and simplifying operations.

Australian Foundation Investment Company (ASX:AFI) posted a 3% increase in net profit for FY26, holding dividends steady with a special payout amid portfolio underperformance against the ASX 200.

Bendigo and Adelaide Bank will redeem its A$125 million subordinated floating rate notes nearly five years ahead of maturity, with APRA approval secured for the early redemption.

Kapstream Investment Trust completed a 5% off-market buyback and projects FY 2027 distributions around RBA Cash + 3.50%, supported by a rising yield to maturity.

KKR Credit Income Fund (ASX:KKC) has confirmed its distribution guidance for FY2027, maintaining a monthly payout of 1.67 cents per unit and an annualised yield above 8%.

Westpac Banking Corporation declared a fully franked distribution of AUD 1.3884 per Westpac Capital Notes 9 for the quarter ending September 2026, reflecting a 5.5082% annualised rate based on the latest 3-month BBSW plus margin.

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

Centuria Capital Group has successfully secured $265 million through institutional placement and entitlement offers, setting the stage for a $35 million retail entitlement offer to follow.

Macquarie Group Limited has announced a quarterly distribution of AUD 1.6148 per MQGPE capital note, payable in September 2026. The payment is partly franked and based on a 3-month BBSW plus a fixed margin, reflecting a 6.41% annualised yield.