Latest Financial Services News

Count Limited has declared a fully franked interim dividend of 2.00 cents per share for 1HFY26, with a Dividend Reinvestment Plan allocation price fixed at $1.08. The company will issue over 650,000 new shares to participating shareholders.

Careteq Limited has successfully raised $2.2 million through a two-tranche share placement, with a significant portion subject to upcoming shareholder approval. The funds aim to support project acquisitions, debt reduction, and working capital needs.

GQG Partners reported a rise in funds under management to USD 172.9 billion as of February 28, 2026, buoyed by strong investment performance that offset net client withdrawals.

Computershare Limited has confirmed an ordinary dividend of AUD 0.55 per share for the half-year ending December 2025, alongside a dividend reinvestment plan price set at AUD 30.62.

Pioneer Credit has raised its FY26 net profit after tax guidance to at least $23 million, driven by significant interest savings from repricing its debt facilities. This marks a notable upgrade reflecting stronger earnings and a healthier capital structure.

Peppermint Innovation has attracted a strategic A$2.1 million investment from key Philippine payments companies, accelerating its digital wallet platform’s growth in the country’s fast-evolving market.

Excelsior Capital Ltd has clarified its Special Interim Dividend payment of 241.43 cents per share, fully franked and payable on 20 March 2026, reinforcing its commitment to shareholder returns.

Magellan Financial Group has successfully raised $130 million through an institutional placement to support its strategic merger with Barrenjoey Capital Partners, with a $20 million share purchase plan also announced for existing shareholders.

Stakk Limited defies the tech sector slowdown by securing nine new institutional clients in February, adding $1.67 million in annualised recurring revenue and reinforcing its AI-driven platform’s market traction.

MFF Capital Investments reported a strong half-year net profit of $209.7 million and declared a fully franked interim dividend of 10 cents per share, signaling confidence despite global economic headwinds. The company’s portfolio remains liquid and focused on high-quality holdings as it navigates geopolitical and technological challenges.

Oldfields Holdings Limited remains suspended from ASX trading following its failure to lodge critical half-year financial reports after announcing a capital raising.

Sequoia Financial Group has agreed with ASIC to withdraw a previously lodged Revocation Deed, signaling a regulatory shift that investors will want to watch closely.