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
Joshua Anderson | May 5, 2015 7:47am
Qantas Airways Limited (ASX:QAN), Origin Energy Ltd (ASX:ORG), Flight Centre Travel Group Ltd (ASX:FLT), Challenger Ltd (ASX:CGF) and Ansell Limited (ASX:ANN) may be ready... More »
Owen Raszkiewicz | April 30, 2015 12:43pm
Why invest in term deposits offering just 2.5% when you can get a big and reliable dividend cheque from Challenger Ltd (ASX:CGF), Woolworths Limited... More »
Sean O'Neill | April 29, 2015 2:21pm
Defy the doomsayers with stocks like G8 Education Ltd (ASX:GEM), Lifehealthcare Group Ltd (ASX:LHC), and Challenger Ltd (ASX:CGF). More »
Sean O'Neill | April 29, 2015 1:14pm
Retiring soon? Retired? Take a closer look at FlexiGroup Limited (ASX:FXL), Collection House Limited (ASX:CLH), and Woolworths Limited (ASX:WOW). More »
Tim McArthur | April 24, 2015 8:52am
Bank savings won't provide most retirees with the level of income they need which is why more and more Australians are turning to the... More »
Owen Raszkiewicz | April 16, 2015 1:29pm
Shares of fund manager and annuities provider, Challenger Ltd (ASX:CGF), have trended higher on the back of a promising quarterly update. More »
Darryl Daté-Shappard | March 12, 2015 9:52am
Macquarie Group Ltd (ASX:MQG), Computershare Limited (ASX:CPU) and Challenger Ltd (ASX:CGF) can take advantage of growing financial markets and long-term investment opportunities. More »
Owen Raszkiewicz | February 17, 2015 12:58pm
Challenger Ltd (ASX:CGF) has reported its strongest ever annuity result and an excellent funds management result, yet shares have dropped 3.5% in early trade. More »
3 great stocks to buy in 2015: Slater & Gordon Limited, Credit Corp Group Limited and Challenger Ltd
Owen Raszkiewicz | December 17, 2014 3:51pm
Despite promising long-term growth prospects, Slater & Gordon Limited (ASX:SGH), Credit Corp Group Limited (ASX:CCP) and Challenger Ltd (ASX:CGF) trade cheap. 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.