Get Started Investing Current as of October 20, 2020 5:44am. © 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. Motley Fool Australia » Bank Shares » What to expect from the Bank of Queensland (ASX:BOQ) full year result this week, James Mickleboro | October 12, 2020 3:43pm | More on: BOQ. The Bank operates in two segments which are Retail banking and Business Banking. Please enable JavaScript in order to get the best experience when using this site. “During this period, APRA expects that ADIs and insurers will seriously consider deferring decisions on the appropriate level of dividends until the outlook is clearer,” said APRA chairman Wayne Byres.

For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. BOQ is down 3.31 per cent on the market today, selling shares for $4.97 each; The Bank of Queensland (BOQ) has deferred its 2020 financial year interim dividend payment after the Australian Prudential Regulation Authority (APRAP) urged banks to consider this due to the coronavirus impact. The Motley Fool Australia has no position in any of the stocks mentioned. Masterfunds, REB Women We’re here to help – COVID-19 customer support, Type a minimum of three characters then press UP or DOWN on the keyboard to navigate the autocompleted search results, Full year results and final dividend announcement. Space Awards.

Please refer to our Financial Services Guide (FSG) for more information. Our team of investors think these 3 dividend stocks should be a 'must consider' for any savvy dividend investor. Platforms and Masterfunds, ifa Excellence Learn about investing with our Investing Education hub. BOQ will defer the decision on the payment of its interim dividend until the economic outlook is clearer and it has discussed the results of its stress testing with APRA. “The negative outlook reflects the major downside risk to Fitch’s economic outlook, which could further weaken WBC’s financial profile below our expectations at its current rating level in the next two years,” Fitch wrote in its downgrade of Westpac. Please remember that investments can go up and down. NIL BOQ GROUP - 2 2 HALF YEAR RESULTS Notification of dividend / distribution 2A.5 Ex Date Wednesday November 4, 2020 2A.6 Payment Date Wednesday November 25, 2020 How to sign up and full terms and conditions are detailed below. Property, Australian

Dividend Reinvestment Plan (DRP) - eligible shareholders can increase their holding in BOQ by having all or some of their dividends automatically reinvested in the Bank. “BOQ grew mortgage below system through the half but momentum progressively improved back towards system levels in August. Financial Difficulty Assistance | Terms and Conditions | Privacy Policy | Exception Fees Policy | Banking code of practice | Sitemap | BSB 124-001. BOQ released its financial results for the half-year ended 29 February 2020 on Wednesday, 8 April 2020. Listen to Our Podcast This will be a 34% decline on the prior corresponding period and is a touch higher than the market consensus estimate of $204 million. Investment news, stock ideas, and more, straight to your inbox. Don't miss out! The Motley Fool Australia operates under AFSL 400691. Summit, Lawyers BOQ defers dividend, well capitalised for Covid-19 8 April 2020, Written by David Simmons Bank of Queensland (ASX: BOQ) says it is well capitalised to manage the Covid-19 crisis as it defers its decision on paying an interim dividend for 1H20. Sign Up for Take Stock

Bank of Queensland’s (BOQ) late call to defer the payment of an interim dividend puts pressure on the major banks to follow suit. BOQ’s decision follows a letter APRA sent to ADIs and insurers warning that “decisions on capital management need to be forward-looking” in an environment of “significant uncertainty”. Daily Business Strategy Day, Accountants Daily 30 Returns since inception 01/06/2017. This represents a 6.2% FY 2021 yield. Privacy Policy | Terms of Service | Law Awards, Boutique Law Strategy Day, ifa Client It commented: “BOQ should be relatively well positioned for the current NIM environment, which has been characterised by falling basis risk, expanding housing lending spreads and lower term deposit costs through the back-end of the half. Awards, Australian Law Another thing the broker will be looking out for is home loan momentum. Win at Retirement James is part of the CFA Institute’s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing.

Dividend Leadership. James Mickleboro has been a Motley Fool contributor since late 2015. Read detailed company information including dividend distribution, dividend amount and payment history. Year Awards, Better Business Summit & Dividend Coverage.

BOQ FY20 Interim Dividend Deferral. Summit & Awards, Lawyers Weekly 30 Under 30 Awards, Partner of the Dividend Growth. Find out more at Intelligent Investor Financial Services Guide | BOQ will defer its interim dividend payment until the economic outlook becomes clearer – and other banks could follow. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! Westpac and NAB will announce their half-year results on 4 May and 7 May respectively. Under 30 Awards, ifa Business Goldman Sachs has a buy rating and $6.85 price target on the bank’s shares. Accelerator Program, Australian Finally, Goldman estimates that Bank of Queensland will have finished the period in a solid financial position with a CET1 ratio of 10%. Accounting Awards, Accountants Daily Business

We forecast BOQ’s NIM to be flat hoh in 2H20E and then down -3 bp in FY21E (on pcp).”. Ordinary shares (BOQ)* Financial half year end: 29 February 2020: Half year results and interim dividend announcement: 8 April 2020: Ex-dividend date (interim dividend) TBA: Interim dividend record date: TBA: Interim dividend payment date: TBA: Financial full year end: 31 August 2020: Full year results and final dividend announcement. Benefits of the DRP. Join Our Premium Community By clicking this button, you agree to our Terms of Service and Privacy Policy. Subscription Terms of Service, ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214. Weekly 30 Under 30 Awards, Women in Law That saw the bank cut its full-year dividend by 82% to 12 cents a share. Find the investing style that's right for you. Awards, Women in Finance Our latest articles and strategies for the post-work life you want. It notes that there were improvements late in the financial year and is keen to know if this momentum has carried through into FY 2021. Bank of Queensland Limited (BOQ) Dividends. It pays a dividend yield of 13.05%, putting its dividend yield in the top 25% of dividend-paying stocks. in Real Estate Awards, Australian In this FREE STOCK REPORT, Scott Phillips just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. This was the start of a love affair with Australian equities and he hasn’t looked back since.