Challenger Ltd (ASX:CGF)
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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.
Challenger Ltd (ASX:CGF) share price
Challenger Ltd (ASX:CGF) passive income
Challenger Ltd (ASX:CGF) share price news
Challenger Ltd (ASX:CGF) Share Price Rises 4% On September 2018 Update
The Challenger Ltd (ASX: CGF) share price has gone up 4% after giving its September 2018 update.
Challenger Ltd (CGF) Dividend Rises, Shares Take A Bath
Annuities and retirement specialist Challenger Ltd (ASX:CGF) released its 2018 financial results today showing an 11% increase in revenue and a dividend of 18 cents per share.
S&P/ASX 200 Pre Market News
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Tuesday morning.
ALL ORDINARIES Index Down, APA Group (APA) Shares Rise 22%
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.51% at lunch.
ALL ORDINARIES Index Up, Telstra Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.36% at lunch.
ALL ORDINARIES Index Up, ANZ Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.40% at lunch.
Telstra Lags As The ALL ORDINARIES Index Declines
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.22% at lunch.
BHP On-The-Up As The ALL ORDINARIES Index Rises
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.49% at lunch.
Challenger Shares Slide On Higher Assets, Lower Sales
Challenger Ltd (ASX: CGF) shares traded slightly lower on Thursday after reporting its March 2018 quarter results, which included an update on its assets under management and annuity sales.