|Bid||27.30 x 190000|
|Ask||27.31 x 341400|
|Day's Range||27.29 - 27.58|
|52 Week Range||15.07 - 29.55|
|Beta (5Y Monthly)||0.94|
|PE Ratio (TTM)||16.58|
|Earnings Date||May 05, 2021|
|Forward Dividend & Yield||1.40 (5.11%)|
|Ex-Dividend Date||May 10, 2021|
|1y Target Est||28.83|
ANZ Bank said on Monday that it expects New Zealand's central bank to begin raising the official cash rate (OCR) in August 2022, bringing forward its forecast as the economy recovers faster that expected. The Reserve Bank of New Zealand (RBNZ) will increase rates gradually but steadily, reaching 1.25% by the end of 2023, ANZ said in its note. However, consistent with its “least regrets” approach RBNZ will continue to signal that removal of policy stimulus remains a long way off, and perhaps suggest a rate hike in the second half of 2023 in its forecasts, ANZ said.
Readers hoping to buy Australia and New Zealand Banking Group Limited ( ASX:ANZ ) for its dividend will need to make...
Shayne Elliott has been the CEO of Australia and New Zealand Banking Group Limited ( ASX:ANZ ) since 2016, and this...