Suncorp Group Limited (AU:SUN) has released an update.
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Suncorp Group Limited has announced a dividend distribution for its CAP NOTE securities, with a fully franked cash amount of AUD 1.2713 per note. The distribution, which relates to a quarterly period, will be paid on March 17, 2025, with a record date of March 3, 2025. The distribution rate was calculated based on a formula involving the Bank Bill Rate and a margin, resulting in a rate of 5.1559% per annum.
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