sharetrader
Page 6 of 13 FirstFirst ... 2345678910 ... LastLast
Results 51 to 60 of 130
  1. #51
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,289

    Default

    Quote Originally Posted by Bjauck View Post
    . It is shameful that so much of NZ's banking business is overseas owned. All that residential property mortgage business providing profits for Australian shareholders! Those big Aussie owned banks were among the biggest beneficiaries of the debt-fuelled NZ preference for investing in housing/land as opposed to shares?

    Disc: HGH shareholder
    Correct. That's why I have a good chunk of my investments in ANZ and WBC. Not particularly tax-effective but good returns for many years, so far!

  2. #52
    Senior Member
    Join Date
    Aug 2003
    Location
    Tauranga
    Posts
    1,068

    Default

    Its just a fact that in so many ways, wether by circumstances beyond our ability to manage or incompetence, I'm not sure which, we appear as a nation to be financially flawed. Our banking ownership appears to be a classic example of this.

  3. #53
    Guru
    Join Date
    Aug 2012
    Posts
    4,656

    Default

    Quote Originally Posted by macduffy View Post
    Correct. That's why I have a good chunk of my investments in ANZ and WBC. Not particularly tax-effective but good returns for many years, so far!
    You may have owned the big Aussies for decades. However a family member has owned ANZ shares for some time. They reckoned that over the past 10 years the return was about 5%pa or about the same as for a rolled over 5 year term deposit - and lower than the the return from the NZX50 index. I am not sure about Westpac but it could be about the same?

    So if ANZ - NZ subsidiary is a jewel in their portfolio, it was a shame for NZ investors when Lloyds flogged the National Bank to ANZ. Who knows, an independent NZ owned and listed National Bank may now have been in the running to acquire Westpac NZ....

    If only tax and investment reform had occurred earlier by someone with a more precise knife rather than Ardern's hatchet!
    Last edited by Bjauck; 27-03-2021 at 03:21 PM.

  4. #54
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Wrong Side of the Tracks
    Posts
    1,587

    Default

    Quote Originally Posted by Greekwatchdog View Post
    I would like to see a consortium of Kiwibank lead with ACC and Super Fund to buy. I wonder if they had the $10b between them...
    Be careful what you wish for.

    New Zealand has a long history of New Zealanders no being very good at running banks.

  5. #55
    Senior Member
    Join Date
    Aug 2003
    Location
    Tauranga
    Posts
    1,068

    Default

    Quote Originally Posted by GTM 3442 View Post
    Be careful what you wish for.

    New Zealand has a long history of New Zealanders no being very good at running banks.
    Exactly. whats our problem.

  6. #56
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default

    Some good news for holders of banking stocks.
    I am one of them.

    http://nzx-prod-s7fsd7f98s.s3-websit...545/345231.pdf

    Nice to have a dividend again.

  7. #57
    Guru
    Join Date
    Apr 2020
    Location
    landskrona sweden
    Posts
    4,308

    Default

    Historical dividends

    Code Ex Dividend Period Amount Supp. Imputation Payable Currency
    WBC 11 Nov 2020 Final 31.000c 0.000c 0.000c 18 Dec 2020 AUD

    Should see the final increase again as well.

    Might see ANZ outperform with a much increased Div as well.

    As stated below bytim23.. result and dividend announcement.

    http://nzx-prod-s7fsd7f98s.s3-websit...544/345230.pdf
    Last edited by Waltzing; 03-05-2021 at 07:25 PM.

  8. #58
    Advanced Member
    Join Date
    Jul 2000
    Location
    Masterton, , NZ.
    Posts
    2,250

    Default

    Quote Originally Posted by Waltzingironmansinlgescul View Post
    Historical dividends

    Code Ex Dividend Period Amount Supp. Imputation Payable Currency
    WBC 11 Nov 2020 Final 31.000c 0.000c 0.000c 18 Dec 2020 AUD

    Should see the final increase again as well.

    Might see ANZ outperform with a much increased Div as well.
    58c divvy announced

  9. #59
    Advanced Member
    Join Date
    Jul 2000
    Location
    Masterton, , NZ.
    Posts
    2,250

    Default

    Quote Originally Posted by tim23 View Post
    58c divvy announced
    Correction A 56c

  10. #60
    Guru
    Join Date
    Feb 2020
    Location
    Nelson
    Posts
    3,685

    Default

    No where to hide from the inflation beast, except in a bank.

    98% profit upgrade for the NZ division. its a shame about the lack of imputation.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •