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The latest update is out from Latitude Group Holdings Ltd. ( (AU:LFS) ).
Latitude Group Holdings has announced an update to its quarterly distribution for its Capital Notes, set for January 2025. The distribution amount has been revised to $2.3052 per note, reflecting changes in the franking component, which is now 0%, and the application of Conduit Foreign Income. This adjustment may impact investor expectations and the company’s financial strategy, as it reflects a shift in the tax treatment of its distributions.
More about Latitude Group Holdings Ltd.
Latitude Group Holdings Ltd operates in the financial services industry, focusing on providing personal loans, credit cards, and consumer finance solutions. The company is publicly listed on the Australian Securities Exchange (ASX) under the ticker LFS, and it is headquartered in Melbourne, Australia.
YTD Price Performance: 0%
Average Trading Volume: 59,061
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$1.2B
For a thorough assessment of LFS stock, go to TipRanks’ Stock Analysis page.