Sector Update: Banks - Azib Khan, Senior Analyst
Jul 30, 2020 ·
2m 51s
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Description
Senior Analyst Azib Khan: As we flagged as a potential development last week, APRA has announced that it has eased dividend restrictions for Authorised Deposit-Taking Institutions (ADIs). APRA has said...
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Senior Analyst Azib Khan: As we flagged as a potential development last week, APRA has announced that it has eased dividend restrictions for Authorised Deposit-Taking Institutions (ADIs). APRA has said that, for 2020, it expects ADIs to retain at least half of their earnings, and actively use dividend reinvestment plans (DRPs) and/or other capital management initiatives to at least partially offset the diminution in capital from distributions. Azib Khan Morgans Senior Analyst explains the changes.
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Information
Author | Morgans Financial Limited |
Organization | Morgans Financial Limited |
Website | - |
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