Challenger Ltd (ASX: CGF) is Australia’s largest provider of ‘annuities’, which are financial products typically sold to retirees who seek reliable income. Challenger was established in the mid-80’s and listed on the ASX in 1987. In 2018, Challenger managed more than $90 billion between its investment portfolio, which is the sum of the money invested by retirees who buy annuities, and its fund management business.
The Challenger Ltd (ASX:CGF) share price fell more than 10% after reporting its FY22 result to investors, displaying underlying growth.
The S&P/ASX 200 (ASX:XJO) gained another 0.3% on Thursday as Challenger (ASX:CGF) and Megaport (ASX:MP1) shares were in the news.
ASX shares have been out with big earnings reports today and some even bigger dividends. Here are 11 that caught my eye.
The S&P/ASX 200 (ASX:XJO) dropped 0.7% on Thursday as Wesfarmers (ASX:WES) and Corporate Travel (ASX:CTD) shares make headlines.
The S&P/ASX 200 (ASX:XJO) continued its strong recent run on Wednesday as Kogan (ASX:KGN) and Challenger (ASX:CGF) shares made headlines.
The S&P/ASX 200 (ASX: XJO) fell 0.2% on Wednesday as Bubs (ASX:BUB) and Bank of Queensland (ASX:BOQ) shares were in the news.
Investment manager Challenger Ltd (ASX: CGF) achieved a 3% increase in assets under management for the first quarter of FY22.
The resilient run of the S&P/ASX 200 (ASX: XJO) continued on Thursday as Collins Foods (ASX:CKF) and Sezzle (ASX:SZL) shares made headlines.
These 2 ASX dividend shares may be solid options for income over the coming years. One of them is the LIC WAM Leaders Ltd (ASX:WLE).