Credit Corp Group Ltd (ASX: CCP) Share Price and News

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Credit Corp Group Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.92 billion
P/E Ratio 158.73
Dividend Yield 1.26%
Shares Outstanding 67.32 million
Earnings per share 0.180
Dividend per share 0.36
Year To Date Return -2.73%
Earnings Yield 0.63%
Franking 100%
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as at 24 Feb 3:44pm

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Credit Corp Group Ltd (ASX: CCP)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
01 Mar 2021 $0.3600 100.00% Interim 12 Mar 2021
02 Mar 2020 $0.3600 100.00% Interim 13 Mar 2020
19 Aug 2019 $0.3600 100.00% Final 30 Aug 2019
04 Mar 2019 $0.3600 100.00% Interim 15 Mar 2019
01 Oct 2018 $0.3600 100.00% Final 12 Oct 2018
05 Mar 2018 $0.3100 100.00% Interim 16 Mar 2018
07 Nov 2017 $0.3100 100.00% Final 17 Nov 2017
18 Oct 2016 $0.2700 100.00% Final 28 Oct 2016
11 Mar 2016 $0.2300 100.00% Interim 24 Mar 2016
19 Oct 2015 $0.2200 100.00% 30 Oct 2015
23 Feb 2015 $0.2200 100.00% 06 Mar 2015
24 Sep 2014 $0.2000 100.00% 03 Oct 2014
06 Sep 2010 $0.0500 100.00% Final 08 Oct 2010
05 Mar 2010 $0.0300 100.00% Interim 01 Apr 2010
07 Sep 2009 $0.0200 100.00% Final 09 Oct 2009
06 Mar 2009 $0.0200 100.00% Interim 03 Apr 2009

CCP ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Credit Corp Group Ltd

Credit Corp Group Limited (CCP) is Australia’s largest debt buyer and collector, providing financial services in the credit-impaired consumer segment. The company operates 2 key divisions: debt buying and lending. 

Its core business is debt buying, in which Credit Corp purchases defaulted consumer debts from major banks, finance companies, telcos and utility providers in both the ANZ and US regions. From here, Credit Corp works with these consumers to develop a payment plan. On the lending side, Credit Corp provides consumer loans through brands such as Wallet Wizard and ClearCash.

Founded in 1992, Credit Corp shares have been listed on the ASX since 2000. Over the decades, the Credit Corp share price has been trending upwards, but as a credit company, its shares took a big hit in the wake of the GFC and COVID-19.

CCP Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
23 Jul 2021 $28.53 $0.24 0.85% 106,599 $28.14 $28.56 $28.04
22 Jul 2021 $28.29 $0.10 0.35% 444,879 $28.42 $28.42 $27.85
21 Jul 2021 $28.19 $0.56 2.03% 164,666 $28.60 $28.67 $28.10
20 Jul 2021 $27.63 $-0.51 -1.81% 208,621 $27.80 $28.01 $27.38
19 Jul 2021 $28.14 $-0.69 -2.39% 138,551 $28.64 $28.69 $27.96
16 Jul 2021 $28.83 $0.48 1.69% 324,929 $28.10 $29.18 $27.95
15 Jul 2021 $28.35 $-1.40 -4.71% 301,175 $29.52 $29.52 $28.02
14 Jul 2021 $29.75 $0.11 0.37% 111,070 $29.99 $30.04 $29.64
13 Jul 2021 $29.64 $-0.06 -0.20% 109,330 $29.71 $30.11 $29.56
12 Jul 2021 $29.70 $0.17 0.58% 77,959 $29.60 $29.88 $29.55
09 Jul 2021 $29.53 $-0.27 -0.91% 177,356 $29.52 $29.90 $29.19
08 Jul 2021 $29.80 $0.17 0.57% 250,785 $29.80 $30.01 $29.50
07 Jul 2021 $29.63 $0.26 0.89% 161,807 $29.51 $29.87 $29.48
06 Jul 2021 $29.37 $-0.68 -2.26% 306,327 $30.26 $30.47 $29.32
05 Jul 2021 $30.05 $-0.34 -1.12% 134,392 $30.30 $30.84 $29.89
02 Jul 2021 $30.39 $0.89 3.02% 155,378 $29.61 $30.40 $29.61
01 Jul 2021 $29.50 $-0.23 -0.77% 107,263 $29.81 $29.99 $29.43
30 Jun 2021 $29.73 $0.23 0.78% 134,531 $29.81 $30.07 $29.61
29 Jun 2021 $29.50 $0.00 0.00% 91,173 $29.28 $29.56 $29.02
28 Jun 2021 $29.50 $-0.60 -1.99% 112,279 $30.14 $30.14 $29.23
25 Jun 2021 $30.10 $0.10 0.33% 167,579 $30.60 $30.94 $29.95

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
10 Feb 2021 Trudy Vonhoff Buy 1 $34,352
On-market trade.
09 Feb 2021 Donald (Don) McLay Sell 10 $332,936
On-market trade.
09 Feb 2021 Donald (Don) McLay Sell 100 $3,329,366
On-market trade.
02 Oct 2020 Richard Thomas Buy 2 $34,200
On-market trade.
05 Aug 2020 Trudy Vonhoff Buy 1 $22,906
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Richard J Thomas Non-Executive Director Sep 2006
Mr Thomas has more than 50 years experience in the banking and finance industry in Australia, New Zealand and the United States. He has previously held senior executive roles including Managing Director of AGC Limited and Executive Vice President of US-based Avco Financial Services. He is a member of the Risk Committee
Mr Donald (Don) Evan McLay Non-Executive Director Mar 2008
Mr McLay has more than 40 years experience in finance markets, investment banking and business services. He has held executive positions in local and international investment management organisations in London, Singapore, Auckland and Sydney. Currently, he is Chairman of Torres Industries Pty Ltd, an unlisted investment group. He is serving as a Chairman of Clime Investment Management Limited since 1 March 2015 and Registry Direct Limited since 30 May 2016. Mr McLay is a member of the HR and Risk committee.
Mr Eric Dodd Non-Executive DirectorNon-Executive Chairman Jul 2009
Mr Dodd's experience includes previously worked as CEO and Chairman of financial services providers.
Ms Leslie Martin Non-Executive Director Mar 2014
Ms Martin has more than 30 years experience in banking with senior leadership roles in businesses, functions and geographies. These roles have engendered focus on payments and, generally, the application of technology to business process re-design and the end-to-end customer experience. Her governance experience includes industry entities providing shared infrastructure for payments and securities processing. Currently, She is a Director of IMA Asia, an economics advisory firm. She has held Board positions with subsidiaries of the Commonwealth Bank and payment industry bodies. She is a Member of the Risk Committee.
Ms Trudy Joy Vonhoff Non-Executive Director Sep 2019
Ms Vonhoff has over 20 years experience in retail and business banking, corporate banking, financial markets
and strategy. She has previously held senior executive positions in AMP Bank Limited and has had serve there as a Chief Financial Officer. She is a Member of the HR Committee.
Mr Phillip Aris Non-Executive Director Jul 2021
Mr Aris has senior executive and board experience across a range of roles within the financial services and technology sectors across Australia, the United Kingdom and Asia. Mr Aris has had an Executive career in senior financial services roles including as Head of Credit Cards for Commonwealth Bank of Australia (ASX: CBA), as Chief Executive Officer of CountPlus Limited (ASX: CUP) and as the Regional Director of Strategy & Business Development for Thorn-EMI Asia Pacific, working across Australia, the UK and Hong Kong. Since transitioning to Non-Executive roles, Phil has served on three advisory Boards supporting and mentoring technology-based start-ups as well as serving as Chairman of Xpon Technologies, a provider of data and analytics technologies to leading corporates. In these roles, Phil supports technology within financial services, in particular data analytics and digitization to enhance customer experience.
Mr Thomas Beregi Company SecretaryChief Executive Officer Sep 2007
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Mr Michael Eadie Chief Financial OfficerCompany Secretary Nov 2010
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Michael Eadie Chief Financial OfficerCompany Secretary
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Matthew Angell Chief Operating Officer
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David Acheatel Chief Operating Officer Of USA
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Thomas Beregi Company SecretaryChief Executive Officer
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Martin Wu Head Of Analytics
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Christopher Midlam Head Of Client Services
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Matt Stokes Head Of Collections
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Sean Egan Head Of Collections - USA
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Daniel Todd Head Of Contingent Collections
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Stephanie Palmer Head Of Human Resources
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Adam Carpenter Head Of Legal Compliance And Operational Strategy
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James Treloar Head Of Lending
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David Brand Head Of Marketing And Product Development
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 20,981,064 31.20%
J P Morgan Nominees Australia Pty Limited 9,044,820 13.40%
Citicorp Nominees Pty Limited 5,156,459 7.70%
National Nominees Limited 3,586,271 5.30%
Bnp Paribas Noms Pty Limited 3,025,234 4.50%
Bnp Paribas Nominees Pty Limited 1,889,242 2.80%
Dixson Trust Pty Limited 854,688 1.30%
Netwealth Investments Limited 513,188 0.80%
152 Pty Limited 492,572 0.70%
Torres Industries Pty Limited 439,597 0.70%
Uptons Salvage Trading Pty Limited 305,977 0.50%
Hsbc Custody Nominees (Australia) Limited I 189,369 0.30%
BNP Paribas Nominees Pty Limited i 186,332 0.30%
Torres Holdings Pty Limited 165,000 0.20%
DB18 Pty Limited 162,400 0.20%
Mr Donald Evan Mclay 150,289 0.20%
Mr Frederick Benjamin Warmbrand 149,930 0.20%
BT Portfolio Services Limited 145,647 0.20%
Bond Street Custodians Limited 123,328 0.20%
Invia Custodian Pty Limited 123,216 0.20%

Frequently Asked Questions

Credit Corp Group has paid twice yearly, fully franked dividends every year since late 2001, the year following its initial listing on the ASX. The company paid an interim dividend of 36 cents per share on 13 March 2020 and typically pays its final dividend between August and November. Due to uncertainty surrounding the impacts of COVID-19 on its business, Credit Corp Group withdrew its FY2020 earnings guidance on 20 March 2020. The company also completed a $120 million capital raising in April 2020 to allow it to continue providing its debt purchasing services through a period of significant downturn. At the time of announcing the capital raising, Credit Corp did not make any specific statements regarding its intention to pay a final dividend. It did, however, highlight that depending on the profitability and liquidity of the business, the Board may, at its discretion, decide to reduce or cease paying dividends from time to time.   

No. As at June 2020, Credit Corp does not offer a dividend reinvestment plan.

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