Latest Financial Services News

WAM Income Maximiser Limited (WMX) has outperformed its benchmark since its IPO, fully deploying capital ahead of schedule and delivering increasing monthly fully franked dividends.

Bank of Queensland’s August 2025 APRA Basel III Pillar 3 report reveals stable capital ratios and robust liquidity metrics, underscoring its disciplined risk management amid portfolio growth.

Ryder Capital Limited has announced a 20% increase in its annual dividend, moving to quarterly payments starting January 2026, enhancing income certainty for shareholders.

Ryder Capital Limited celebrated its 10th year on the ASX with robust FY25 results, including a 27.5% pre-tax NTA growth and a new quarterly dividend policy increasing payouts by 20%. The company also renewed its investment management agreement for five years.

BlackRock Investment Management has released the estimated distribution components for its iShares S&P/ASX Dividend Opportunities ESG Screened ETF for the period ending 9 October 2025, highlighting key income sources and tax considerations.

Smartpay Holdings Limited shareholders have overwhelmingly approved the proposed scheme of arrangement with Shift4 Holdings Limited, clearing a crucial hurdle towards finalising the acquisition.

The Federal Court of Australia has approved the acquisition of NSX Limited by a related entity of the Canadian Securities Exchange operator, setting the stage for NSX’s delisting from the ASX later this month.

Smartpay Holdings Limited shareholders convened to vote on a proposed NZ$1.20 per share acquisition by Shift4 Payments, a deal that offers a significant premium and promises immediate cash returns. The Board unanimously endorses the scheme, highlighting a thorough competitive process and the absence of superior bids.

Samuel Terry Asset Management extends its takeover offer for Eildon Capital Group, reaffirming a final price of A$0.875 per security and pushing the offer deadline to November 5, 2025.

ECP Emerging Growth Limited has reported a stable financial position for its convertible notes in Q3 2025, with a loan-to-value ratio of just 21.54% and no changes to the conversion price.

Global Masters Fund Limited has released its quarterly report for Q3 2025, confirming steady convertible note conversions and a healthy loan-to-value ratio, underscoring its solid financial position and compliance.

Clime Investment Management has completed a $2.3 million placement and announced a bonus option issue, positioning itself for growth as the Australian wealth management sector consolidates.