Crunch looms for banks’ high dividends

New rules will force major banks such as NAB to reintroduce discounted DRPs, which will pinch earnings per share.

The Australian major banks have enjoyed strong share price performance since 2012, having outperformed both the broader Australian market and most global peers in the last 12 months.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles