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Challenger Limited Announces New Distribution for Capital Notes 3

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Challenger Limited Announces New Distribution for Capital Notes 3

An update from Challenger Limited ( (AU:CGF) ) is now available.

Challenger Limited has announced a new distribution for its Capital Notes 3, with a payment amount of AUD 1.51 per note. The distribution is scheduled for payment on May 26, 2025, with a record date of May 16, 2025, and an ex-date of May 15, 2025. This announcement reflects Challenger’s ongoing commitment to providing returns to its investors, although the distribution remains discretionary and subject to certain conditions. The announcement may influence investor sentiment and the company’s market positioning in the financial services sector.

More about Challenger Limited

Challenger Limited operates in the financial services industry, focusing primarily on providing retirement income products and services. The company is known for its annuities and investment management services, catering to retirees and investors seeking stable income streams.

YTD Price Performance: 7.06%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.39B

Learn more about CGF stock on TipRanks’ Stock Analysis page.

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