Find financial news and analysis across NZ and Australia.
30 results for “dividends”
Westpac has announced a statutory net profit of A$3.4 billion for the half-year ended 31 March 2026. The bank maintained its interim dividend at A$0.77 per share despite signs of slowing mortgage growth in April.
Beach Energy Ltd (BPT.AX) faces a complex trading environment as surging global oil prices provide a catalyst against a backdrop of revised production guidance and bearish technical indicators, including an RSI of 44.03.
The A2 Milk Company (A2M.NZ) shares fell 13.03% to NZ$7.7400 following a voluntary recall of infant formula in the US. While the financial impact is expected to be negligible, analysts remain concerned about potential brand damage in the critical China market.
Australian mining leaders Mineral Resources Ltd and BHP Group Ltd are showing strong share market performance, supported by resilient commodity prices and strategic diversification. While Mineral Resources has posted significant gains since early 2025, BHP is trading near its all-time high amid robust copper and iron ore markets.
Oceania Healthcare has announced its audited full-year results for the period ending March 31, 2026, delivering a record 20% growth in Proforma Underlying EBITDA and a significant reduction in net debt. Despite operational gains, the board has suspended dividends as it targets positive free cash flow.
National Australia Bank has reported a 19.3% fall in statutory net profit to A$2.75 billion for the first half of 2026. The result was impacted by a A$949 million software capitalisation charge and a A$300 million increase in forward-looking credit provisions.
Rio Tinto (RIO.AX) is trading near 52-week highs at $171.97 following a 13% surge in Q1 iron ore production. Despite strong operational data, mixed analyst sentiment and a bearish MACD signal suggest a period of consolidation may be ahead.
Sanford Limited (SAN.NZ) shares resumed trading following a $66 million block trade by Ngāi Tahu Investments. The transition of the 9.6% stake clears a major capital overhang amid solid financial performance and an updated consensus buy rating.
An investment analysis places both The A2 Milk Company and Wesfarmers on investor watchlists. While A2 Milk navigates temporary supply chain headwinds, Wesfarmers exhibits strong recovery potential backed by robust earnings.
Contact Energy Limited exhibits strong market performance, trading near its 52-week high at NZ$9.98. With a successful institutional block trade and solid technical indicators including a bullish MACD, the New Zealand utility provider's outlook remains highly favorable.
Technology One has delivered its 17th consecutive record first-half profit of $89.1 million, driven by a 17% surge in annual recurring revenue and strong SaaS+ adoption.
ANZ Group Holdings shares fell 4.3% last week as the banking sector faces a new economic landscape shaped by the RBA's rate hike to 4.35% and federal budget reforms to negative gearing and capital gains tax.
Graincorp Ltd shares plummeted 13% to A$5.38 after the company reported a 52% drop in underlying NPAT for the first half of 2026. Despite the earnings contraction caused by global grain oversupply, the company has reaffirmed its full-year guidance.
Macquarie Group has delivered a record-breaking A$4.85 billion net profit for FY26, a 30% increase driven by a surge in its commodities and global markets division. Shareholders will receive a total dividend of A$7.00 per share following a record second-half performance.
Heartland Group Holdings has signed a conditional agreement to acquire TSB Bank from Toi Foundation for NZ$620 million. The combined entity will become New Zealand's seventh-largest bank with approximately NZ$15 billion in total assets.
Fisher & Paykel Healthcare (FPH.NZ) delivered a strong FY26 performance with a 24% net profit increase and robust FY27 revenue guidance. The stock has responded with a 13.43% weekly surge, trading comfortably above its key moving averages.
Xero Limited (XRO.AX) shares fell 7-9% following FY26 results that showed a 27% decline in NPAT to NZ$167.4 million, despite a 31% surge in revenue. The impact of the Melio acquisition and new AI initiatives like XeroForce are central to the company's long-term growth strategy.
BHP Group Limited (BHP.AX) has reached an all-time high of 59.78 AUD, driven by record copper prices and a 22% increase in half-year profit. While technical indicators like the RSI (14) at 70.77 suggest overbought conditions, the company's strategic pivot to future-facing commodities continues to attract investor interest.
Air New Zealand (AIR.NZ) faces a challenging 2026 as surging jet fuel prices and engine maintenance issues lead to a suspension of earnings guidance. With a 'Sell' consensus and a YTD decline of -23.59%, the airline is navigating significant financial and technical headwinds.
AFT Pharmaceuticals (AFT.NZ) enters its FY26 results period with a 39.69% annual gain and record half-year revenues. Technical indicators remain bullish with the price at NZ$3.66 trading above key moving averages.
Tabcorp Holdings Limited (TAH.AX) shares fell over 23% following the announcement of an AUSTRAC investigation into AML/CTF compliance. Technical indicators show a bearish trend with the stock trading at A$0.81, well below its 200-day SMA.
Westpac Banking Corporation reported a statutory net profit of A$3.4 billion for the first half of 2026, as strong lending growth was offset by a decline in net interest margins to 1.89%.
Mainfreight (MFT.NZ) shares rose 3.39% to NZ$61.00 as technical indicators turn bullish ahead of the May 28 FY26 earnings release. Despite margin pressure in the first half, analysts maintain a 'Buy' consensus with a NZ$73.24 price target.
Auckland Council's Policy, Planning and Development Committee is set to vote on June 9, 2026, on proposals to scale back its housing intensification plans under Plan Change 120. The decisions could impact future house prices by up to 8% and result in a $3.2 billion variance in economic benefits.
Genesis Minerals Limited faces near-term market consolidation as its share price adjusts to macroeconomic pressures. However, key growth catalysts including the Magnetic Resources transaction and the massive Tower Hill EPC contract point to strong long-term fundamentals.
Guzman y Gomez Limited (GYG.AX) has announced its immediate exit from the US market, closing its eight Chicago-area restaurants. This strategic pivot simplifies the business model, eliminates a major earnings drag, and improves the group's technical momentum as it refocuses on its profitable Australian core.
Guzman y Gomez (ASX:GYG) is exiting the US market immediately, closing all Chicago restaurants after a six-year expansion attempt. The company has simultaneously upgraded its FY26 Australian underlying EBITDA guidance to A$85 million, triggering a major surge in its share price.
Tower Limited has reported a significant drop in its half-year profit to $22.9 million, down from $49.7 million a year earlier. The decline was driven by a sharp rise in weather-related claims costing $18.5 million, leading to a slide in the insurer's share price.
The NZX50 index climbed 1.2% on Tuesday, recovering from recent losses. Significant gains in Gentrack and Fisher & Paykel Healthcare helped offset broader market declines seen earlier in the week.
Megaport Ltd (MP1.AX) has demonstrated significant momentum following a major US$25.1 million contract win for its Latitude.sh subsidiary. Technical indicators suggest a potential trend reversal as the share price moves above key short-term moving averages despite remaining below long-term levels.