1. Most Discussed
  2. Gainers & Losers
ANZ $30.28


  1. Michaelirish

    19,560 Posts.
    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.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.