Suncorp Declares Perpetual Security Distribution

Suncorp Declares Perpetual Security Distribution

Suncorp Group Limited (AU:SUN) has released an update.

Suncorp Group Limited has announced a new distribution for their ‘SUNPI’ perpetual securities with a payment of AUD 1.2829 per note. The distribution, which is fully franked, is based on a calculated rate of 5.0896% per annum, factoring in the Bank Bill Rate plus a margin and adjusted for taxes. Key dates include the Ex Date on September 2, 2024, the Record Date on September 3, 2024, and the Payment Date on September 17, 2024.

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