Here are the important dates impacting ANZ shares this year

0
33

Here are the dates to diarise for the new year.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The ANZ Group Holdings Ltd (ASX: ANZ) share price is $29.22, up 0.69%, on Wednesday.

The ASX 200 bank has just released its corporate calendar for 2025.

Let’s check out the important dates for ANZ shareholders in the new year.

Important dates for ANZ investors in 2025

The bank’s periodic financial reports and dividend announcements are among the news items most likely to move the ANZ share price this year.

So, let’s review ANZ’s corporate calendar and note a few dates in our diaries.

ANZ intends to announce its FY25 half-year results and interim dividend on 8 May.

The ex-dividend date for the interim ANZ shares dividend will be 13 May.

The record date will be 14 May, and ANZ will pay its shareholders on 1 July.

This timing is handy because it means ASX income investors won’t have to pay tax on this dividend payment for another 12 months. That’s because the payment date falls on the first day of FY26.

ANZ will release its FY25 full-year results and announce its final dividend on 10 November.

The ex-dividend date for the final ANZ dividend will be 13 November.

The record date will be 14 November, and the bank will pay its investors on 19 December.

ANZ will hold its annual general meeting on 18 December.

How did ANZ shares perform in 2024?

The ANZ share price rose by 9.8% in 2024.

ANZ shares outperformed the S&P/ASX 200 Index (ASX: XJO), which increased by 7.49% but underperformed its Big Four banking peers.

Westpac Banking Corp (ASX: WBC) shares soared by 41% in 2024.

The Commonwealth Bank of Australia (ASX: CBA) share price rose by 37%.

The National Australia Bank Ltd (ASX: NAB) share price lifted by 21%.

What do the experts think of ANZ shares?

There is a consensus hold rating on ANZ shares among analysts on the CommSec trading platform.

CommSec upgraded the rating from a moderate sell on 13 December.

Of the 14 analysts, five rate ANZ shares as a strong sell, and seven say the bank stock is a hold.

One analyst has a moderate buy rating, and another analyst has a strong buy rating.

Top broker UBS sees more price growth ahead for ANZ shares.

The broker has a 12-month price target of $34 on ANZ, which implies a potential upside of 16% based on the current share price.

UBS predicts that ANZ will generate $22.5 billion in revenue in FY25. The broker says this will flow through to a statutory net profit of $7.2 billion, which would be a 10% year-over-year increase.

The FY25 results will be the first lot of numbers incorporating the impact of ANZ’s acquisition of Suncorp Bank from Suncorp Group Ltd (ASX: SUN) in August 2024.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

LEAVE A REPLY

Please enter your comment!
Please enter your name here