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 | March 30, 2020 12:14pm
Ansell Limited (ASX:ANN), Challenger Ltd (ASX:CGF), and Commonwealth Bank of Australia (ASX:CBA) are on the move on the ASX 200 on Monday... More »
James Mickleboro | March 30, 2020 10:19am
The Challenger Ltd (ASX:CGF) share price is charging higher after it reaffirmed its guidance for FY 2020 and strong balance sheet... More »
Tristan Harrison | March 25, 2020 4:38pm
The Challenger Ltd (ASX:CGF) share price now offers a 13.7% dividend yield because of the decline of the share price. More »
Brendon Lau | March 24, 2020 4:25pm
This ASX 200 stock plunged by more than half since the COVID-19 bear market started. But there're signs that it could have found a... More »
Phil Harpur | March 24, 2020 2:59pm
Here we look at 3 ASX 200 companies that have seen strong share price rises today: Corporate Travel Management Ltd (ASX: CTD), Ansell Limited... More »
Sebastian Bowen | March 19, 2020 2:32pm
RBA holds emergency meeting! Here's what zero interest rates would mean for ASX shares. More »
Sebastian Bowen | March 18, 2020 12:50pm
The Challenger Ltd (ASX: CGF) share price is at a seven-year low today. Are Challenger shares in the buy zone? More »
James Mickleboro | March 17, 2020 1:18pm
Challenger Ltd (ASX:CGF) and Estia Health Ltd (ASX:EHE) shares are two of four sinking notably lower on Tuesday. Here's why they have fallen... More »
James Mickleboro | March 16, 2020 1:28pm
Challenger Ltd (ASX:CGF) and Cochlear Limited (ASX:COH) shares are two of four sinking lower on Monday. Here's why... More »
Phil Harpur | March 16, 2020 12:22pm
The Challenger Ltd (ASX:CGF) share price is down by 9.3% so far today, following an update on its current capital position and FY20 guidance. More »
James Mickleboro | March 16, 2020 12:05pm
Cochlear Limited (ASX:COH) and National Australia Bank Ltd (ASX:NAB) shares are making waves on the ASX 200 on Monday... More »
James Mickleboro | March 13, 2020 12:12pm
Flight Centre Travel Group Ltd (ASX:FLT) and Westpac Banking Corp (ASX:WBC) shares are making waves on the ASX 200 today... 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.