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BREAKING: APRA tells banks to maintain dividends below 50% of earnings
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29 July, 2020
Industry News
APRA tells banks to maintain dividends below 50% of earnings
Bank dividends could be cut after the Australian Prudential Regulation Authority told them to ‘maintain caution’ over 2020 dividend payments with the payout ratio maintained below 50%.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia
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