Challenger Ltd (ASX: CGF) Share Price and News
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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
James Mickleboro | February 22, 2016 1:36pm
Credit Corp Group Limited (ASX:CCP), Challenger Ltd (ASX:CGF) and QBE Insurance Group Ltd (ASX:QBE) provide strong sustainable dividends. More »
Mike King | February 16, 2016 6:26pm
Pacific Brands Limited (ASX:PBG) the highlight of the day More »
Matthew Bugden | February 16, 2016 4:42pm
Should you buy Woolworths Limited (ASX:WOW), APA Group (ASX:APA), Sonic Healthcare Limited (ASX:SHL) and Challenger Ltd (ASX:CGF)? More »
Ryan Newman | February 16, 2016 10:46am
Over the last month-and-a-half, share markets around the world have been thrown into disarray More »
Tom Richardson | February 16, 2016 10:05am
Challenger Ltd (ASX:CGF) shares look attractive. More »
Owen Raszkiewicz | January 22, 2016 1:02pm
Challenger Ltd (ASX:CGF) has updated the market. More »
Tim McArthur | January 21, 2016 9:14am
Challenger Ltd (ASX:CGF) appears to now trade at a discount to its peer group. More »
Is there any value to be found in BT Investment Management Ltd, Estia Health Ltd, and Vocus Communications Limited?
Sean O'Neill | November 5, 2015 2:44pm
Here's why BT Investment Management Ltd (ASX:BTT), Estia Health Ltd (ASX:EHE), and Vocus Communications Limited (ASX:VOC) hit their highest point all year this week.... More »
Tom Richardson | October 28, 2015 3:55pm
Magellan Financial Group Ltd (ASX:MFG) and Challenger Ltd (ASX:CGF) are among the best. More »
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.