ANZ 1.37% $24.02 australia and new zealand banking group limited

Yield

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    Australia and New Zealand Banking Group
    With inflation falling to just 1.7% in the December quarter, Australia and New Zealand Banking Group’s (ASX: ANZ) forecast dividend growth rate has become much more appealing. That’s because, over the next two years, it is expected to increase dividends by 5.5% per annum, which is over three times the current rate of inflation.
    And, with ANZ already offering a fat, fully franked yield of 5.2%, it seems to offer a potent mix of a great income now and real-term increases in dividends moving forward. As such, its current valuation could rise during the course of the year, especially since its price to earnings (P/E) ratio, for example, is below that of the wider banking sector at 13.2 versus 15 for the wider sector. As a result, ANZ could make for a top notch income investment.
 
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Last
$24.02
Change
0.33(1.37%)
Mkt cap $67.93B
Open High Low Value Volume
$23.61 $24.16 $23.61 $55.77M 2.313M

Buyers (Bids)

No. Vol. Price($)
12 2538 $24.01
 

Sellers (Offers)

Price($) Vol. No.
$24.02 13655 20
Last update - 12.34pm 19/12/2018 (20 minute delay) ?
(live)
Last
$23.93
  Change
0.33 ( 0.39 %)
Open High   Low Volume
$23.65 $24.16   $23.65 352029
Last updated 12.54pm 19/12/2018 (live) ?
ANZ (ASX) Chart
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