Latest Payments News

Spark New Zealand is selling 75% of its data centre business to Pacific Equity Partners for up to $705 million, aiming to accelerate capacity expansion amid rising cloud and AI demand.

GTN Limited has finalised a $43.85 million capital return, distributing $0.23 per share to shareholders. The company awaits an Australian Tax Office ruling to clarify tax implications for investors.

AGP Investment Management launches a secondary unit issue for the WCM Quality Global Growth Fund, offering investors a 1.25% loyalty bonus for holding units for 12 months. The fund also updates its distribution policy to target a 5% annual cash yield with quarterly payments.

Envirosuite Limited’s acquisition by Ideagen Limited has received Federal Court approval, making the scheme legally effective and triggering imminent suspension of Envirosuite shares on the ASX.

Dicker Data Limited has announced a fully franked quarterly dividend of AUD 0.11 per share, payable on 1 September 2025, alongside a Dividend Reinvestment Plan offering new shares at market-based pricing.

Scentre Group has announced an ordinary dividend of AUD 0.08815 per security for the half-year ended 30 June 2025, payable on 29 August. The dividend is fully unfranked and includes a Dividend Reinvestment Plan with no discount.

PM Capital Global Opportunities Fund has raised its final dividend for FY25 and increased its FY26 dividend guidance to 12.5 cents fully franked, reflecting strong portfolio performance and robust earnings reserves.

Pure Hydrogen Corporation has secured over $3 million in new orders for hydrogen fuel cell trucks, including prime movers for Scott Lovatt Transport and concrete agitator trucks for Heidelberg Materials, signaling rising commercial adoption of clean transport technology in Australia.

PM Capital Global Opportunities Fund Limited reported a robust 33.98% rise in profit after tax to $168.2 million for FY25, alongside a raised fully franked final dividend of 6.0 cents per share. The fund’s portfolio outperformed key benchmarks, reflecting strategic positioning amid structural global economic changes.

IODM Limited has triggered a significant increase in its guaranteed minimum monthly revenue from its UK Education segment, reflecting a remarkable 242% growth in July 2025 compared to last year. This milestone boosts the annualised minimum payment to AUD 2.39 million, underscoring the strength of its digital accounts receivable platform.

Iress Limited reported a robust first half of 2025 with strong earnings growth and reduced leverage, driven by core business strength and strategic divestments. The company is poised to capitalize on regulatory tailwinds and technology demand in wealth and trading sectors.

JB Hi-Fi Limited has announced a fully franked dividend of AUD 2.05 per share for the first half of FY2025, combining ordinary and special dividends payable in September.