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
5 multi-million dollar takeover targets
Motley Fool Staff | September 22, 2015 4:05pm
The falling Australian dollar and cheap debt could make Mortgage Choice Limited (ASX:MOC), Treasury Wine Estates Ltd (ASX:TWE), Challenger Ltd (ASX:CGF), Graincorp Ltd (ASX:GNC)... More »
3 stocks set for higher profits in 2016
Motley Fool Staff | September 17, 2015 8:03am
QBE Insurance Group Ltd (ASX:QBE), Challenger Ltd (ASX:CGF) and Ardent Leisure Group (ASX:AAD) all have the building blocks in place for higher profits More »
3 stocks at cheap prices right now
Christopher Georges | September 4, 2015 10:00am
Share prices are tumbling everywhere but stocks like Tassal Group Limited (ASX:TGR), Challenger Ltd (ASX:CGF) and Crown Resorts Ltd (ASX:CWN) are good value right... More »
4 reasons Challenger Ltd is a better buy than the Big 4 banks
Motley Fool Staff | August 19, 2015 10:07am
The Big 4 banks are going through some painful adjustments, but Challenger Ltd (ASX:CGF) is a strong alternative More »
5 ASX stocks soaring on the market today
Mike King | August 18, 2015 4:50pm
S&P/ASX 300 (INDEXASX:XKO) slides 1.2%, but these 5 went against the trend More »
Why the Challenger Ltd share price is 6% higher today
Owen Raszkiewicz | August 18, 2015 11:07am
Challenger Ltd (ASX:CGF) has lifted its dividend on a stronger profit performance and appears on track to keep rewarding shareholders over the long term.... More »
Investor cheat sheet: Challenger Ltd
Andrew Mudie | August 4, 2015 10:05am
A combination of income and growth potential makes Challenger Ltd (ASX:CGF) an appealing investment for exposure to Australia’s aging population. More »
4 high growth stocks that could help you retire earlier
Christopher Georges | July 17, 2015 9:21am
Stocks like Nearmap Ltd (ASX:NEA) and Capitol Health Ltd (ASX:CAJ) could help you achieve impressive returns. More »
Morning market movers: 12 stocks to watch
Brendon Lau | July 15, 2015 9:16am
Our market is tipped to open higher today despite a fall in the iron ore price. But it's iiNet Limited (ASX:IIN) and Select Harvests... More »
10 stocks for a diversified retirement portfolio
Christopher Georges | June 30, 2015 9:16am
Looking for a mix of defensive, growth and income stocks for your retirement portfolio? Why not consider stocks like Crown Resorts Ltd (ASX:CWN), Santos... More »
3 ingenious dividend companies for a blue-chip retirement
Regan Pearson | June 29, 2015 4:30am
Why now is the time to buy Primary Health Care Limited (ASX:PRY) and Challenger Ltd (ASX:CGF). More »
4 ASX stocks smashing the market today
Ryan Newman | June 17, 2015 4:33pm
The ALL ORDINARIES (Index:^AXAO) (ASX:XAO) has surged 1.2%, but that's nothing compared to Yowie Group Ltd (ASX:YOW), Challenger Ltd (ASX:CGF), Pacific Brands Limited (ASX:PBG)... More »
Should you buy Challenger Ltd?
Tim McArthur | June 17, 2015 11:16am
Challenger Ltd (ASX:CGF) is a complex business to analyse. More »
3 stocks to buy and 1 to avoid
Simon Chan | June 17, 2015 8:34am
Ramsay Health Care Limited (ASX:RHC) is a good prospect, what's the other two? 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.