Challenger Ltd (ASX: CGF) Share Price and News
Chart and Price Data
20mins delayed
| Price | |
| Bid/Ask | / |
| Volume | |
| Avg Daily Volume |
| Day Movement | |
| Day High/Low | / |
| 52 Week Range | - |
| Year Return (Capital) | |
| As at |
Challenger Ltd (CGF) is a financial services company known for being Australia’s largest annuity provider. An annuity is a financial product, predominantly used by retirees, that pays out a fixed stream of income over a number of years. In addition, Challenger also operates in the funds management industry, primarily through its subsidiary Fidante Partners which is Australia’s leading multi-boutique asset manager.
Challenger was established in 1985 and has been listed on the ASX in its current form since 2003. The popularity of annuities in Australia has increased rapidly in recent years, benefitting Challenger and the Challenger share price. Along with this growth, Challenger shares have also historically paid a solid dividend to its shareholders.
Challenger Ltd (ASX: CGF) Latest News
8 stocks to benefit from government policy in the years ahead
Edward Vesely | July 11, 2016 9:19am
The 2015 Intergenerational Report’s projections highlight the importance of sticking to a long-term investment strategy More »
Could these 2 shares become the blue chips of tomorrow?
Christopher Georges | July 5, 2016 7:49am
Shares like Challenger Ltd (ASX:CGF) and SEEK Limited (ASX:SEK) have the potential to become much larger businesses. More »
3 stocks to buy in a market crash
Matthew Bugden | June 16, 2016 7:39am
Don't miss the next opportunity to buy great companies like REA Group Limited (ASX:REA), CSL Limited (ASX:CSL) and Challenger Ltd (ASX:CGF). More »
How to look forward to a happy retirement
Edward Vesely | June 13, 2016 11:25am
To reach financial independence by retirement age, you need to avoid falling into certain groups of investor behaviour, and focus on what works instead. More »
S&P/ASX 200 set to open flat: 8 shares to watch
Owen Raszkiewicz | June 6, 2016 9:31am
The S&P/ASX 200 (Index:^AXJO) (ASX:XJO) is expected to trade flat following mixed leads from international markets. Shares in focus will include Webjet Limited (ASX:WEB),... More »
Is it too late to buy shares in TPG Telecom Ltd, Cochlear Limited and Challenger Ltd?
Tim McArthur | June 2, 2016 9:16am
TPG Telecom Ltd (ASX:TPM), Cochlear Limited (ASX:COH) and Challenger Ltd (ASX:CGF) might still be in the buy zone despite hitting record highs. More »
5 companies with fast-growing dividends to boost your wealth
Matthew Bugden | May 31, 2016 7:35am
Success stories like Ramsay Health Care Limited (ASX:RHC), REA Group Limited (ASX:REA), and Domino’s Pizza Enterprises Ltd (ASX:DMP) have also been amazing investments for... More »
5 ASX shares to benefit from Australia’s ageing population
Christopher Georges | May 23, 2016 7:40am
By choosing the right shares, investors could be the big winners from Australia's ageing population. More »
3 ASX shares near 52-week highs with room to run harder
Alan Edmunds | May 13, 2016 11:19am
Westfield Corp Ltd (ASX:WFD) McMillan Shakespeare Limited (ASX:MMS) and Challenger Ltd (ASX:CGF) have recently hit 52-week highs but they look set to charge even... More »
The hidden profit engines of 3 ASX large caps
Ry Padarath | April 27, 2016 11:46am
Do the hidden advantages of Bendigo and Adelaide Bank Ltd (ASX:BEN), Challenger Ltd (ASX:CGF) and Carsales.com Ltd (ASX:CAR) make them worth a closer look? More »
4 shares climbing higher on the ASX today
James Mickleboro | April 21, 2016 4:12pm
BHP Billiton Limited (ASX:BHP) was one of the star performers on the S&P/ASX 200 (Index:^AXJO) (ASX:XJO) today thanks to a rise in the iron... More »
Why the Challenger Ltd share price is rocketing today
Tom Richardson | April 21, 2016 12:18pm
Challenger Ltd (ASX:CGF) has some strong long-term tailwinds. More »
3 financial shares better than the big 4 banks
Christopher Georges | April 6, 2016 1:57pm
The big four banks still face significant headwinds so investors could consider these three shares for exposure to the financial sector. More »
3 growth shares I’d buy with $15,000 today
Christopher Georges | March 31, 2016 7:54am
Investors with cash on the sidelines could consider stocks like IPH Ltd (ASX:IPH), Challenger Ltd (ASX:CGF) and Mantra Group Ltd (ASX:MTR). More »
FAQ
Will Challenger pay a dividend in 2020?
Challenger paid a fully franked interim dividend of 17.5 cents per share on 24 March 2020. The company generally pays its final dividend in late September. Whilst there are no guarantees, Challenger has reaffirmed its profit guidance for FY20 and also continued to pay its dividends throughout the GFC. This suggests that Challenger shareholders can be pretty reassured they will receive their final dividend payment come September this year.
Does Challenger offer a DRP?
Yes. Challenger offers optional participation in its dividend reinvestment plan for all Australian and New Zealand shareholders. The price at which shares issued under the DRP are allocated is calculated using the volume weighted average share price over the ten trading days commencing on the second trading day after each dividend record date. Shareholders can choose either full or partial or participation in the Challenger DRP.