February 1, 2012

Societe Generale gives Aussie banks a guernsey.


Link: Business Insider

SocGen Identifies The 40 Most Important Dividend Stocks In The World


Commonwealth Bank of Australia is expected to announce a full year 2012 dividend of AU$3.39

Sector: Banks (Australia)

2011 Yield: 6.6 percent

"For the full fiscal year 2012, consensus is expecting a dividend of AU$3.39, meaning that Commonwealth Bank of Australia is yielding 6.7 percent."


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Westpac is expected to see its dividend increase 4.5 percent in 2012

Sector: Banks (Australia)

2011 Yield: 7.9 percent

Westpac has a September year end, and announced a second half dividend of AU$0.8, on top of the AU$0.76 paid at the half year stage, or a 12.2 percent increase over the prior year. Looking forward to 2012, expectations are for the dividend to increase 4.5 percent to AU$1.67. On current numbers, Westpac is yielding 8.1 percent for 2012FY.


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National Australia Bank is expected to report a dividend increase of 7.6 percent for the first half

Sector: Banks (Australia)

2011 Yield: 7.7 percent

National Australia Bank has a September year end and announced fiscal year end results back in September 2011, reporting a full year dividend of AU$1.72, up 13 percent.

Looking forward, NAB will release first half results on May 10 and consensus expects a 7.6 percent increase in the dividend to AU$0.9.

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ANZ Banking Group will announce results for the first half of 2012 in May
 
Sector:Banks (Australia)

2011 Yield:7.0 percent

ANZ has a September year end. Its Fiscal 2012H1 results will be announced on 2 May 2012. Current consensus forecasts of AU$0.665 is a 3.9 percent increase on the same period a year earlier.