SYDNEY, June 29, 2026, 01:05 AEST
- ANZ Group Holdings Limited ASX:ANZ finished Friday at A$35.04, gaining 0.52% on the day. The stock was nearly flat compared to its June 19 finish at A$35.03.
- ANZ’s July 1 interim dividend comes to 83 cents a share, working out to roughly 2.37% of where shares finished Friday. The bank says the dividend is 75% franked.
- Judo Capital Holdings Limited ASX:JDO reset its bank credit risk last week, raising FY26 cost-of-risk guidance to between A$116 million and A$122 million.
- ASX cash trading was still closed at the dateline. Normal hours are 09:59:45 to 16:00 Sydney time.
ANZ Group Holdings Limited ASX:ANZ starts Monday’s pre-open as a dividend story, not much of a price mover. The bank pays out its 83-cent interim dividend on Wednesday, worth 2.37% of Friday’s close. Shares finished last week nearly unchanged, even with Thursday’s drop.
Shares ended Friday at A$35.04, up 18 cents. Volume was 3.65 million versus a 5.03 million average. Market cap came in at A$105.62 billion. The S&P/ASX 200 (INDEXASX:XJO) added 0.18% to finish at 8,764.20, though it fell 0.73% for the week.
Dividend details for ANZ are in focus. The bank says interim payout hits July 1, after shares went ex-div on May 11 and record date locked on May 12. DRP shares are priced at A$35.31, 0.8% above where the stock finished Friday. About 9.93% of issued capital is in the DRP, and 2.43% is in the bonus option plan.
ANZ’s near-2.4% cash return over the week matters for income investors, offering a buffer not visible in the daily moves. The stock’s seven-day performance has been weak, but with that return, it isn’t trading like a credit risk, even if it’s not boosting bank shares either.
Judo Capital Holdings Limited ASX:JDO issued the credit-risk update, not ANZ. The lender cut its FY26 profit-before-tax guidance to A$163 million-A$169 million, down from A$180 million-A$190 million. Judo also expects loans at least 90 days overdue or impaired to reach about 3% of gross loans and advances by June 30. “Nevertheless disappointing,” Chief Executive Chris Bayliss said of the results, adding the credit problems came from a “small number of customers.” Market Index
Bigger banks took the hit Thursday. ABC said Judo dropped 40.3%, wiping out about A$660 million in value. Retail banks were caught too as the profit downgrade and higher bad-debt provisions landed; Commonwealth Bank of Australia ASX:CBA lost 1.3%, and National Australia Bank Limited ASX:NAB dropped 3.4%.
J.P. Morgan’s Andrew Triggs said attention on just three borrowers gave “only limited comfort” and there was “limited discussion of pre-provision profit drivers” for FY27, according to ABC. Triggs is now looking for 8% cuts to FY26 earnings estimates and 15% to FY27 for Judo. ABC News
ANZ reported a half-year cash profit of A$3.78 billion, up 14% on the previous half when significant items are left out. Return on tangible equity came in at 11.6%. The cost-to-income ratio was 49.4%. The numbers leave a clearer capital picture for investors compared to Judo. Chief Executive Nuno Matos said lending and deposits “grew moderately” and margins “remained stable for the half amid intense competition.” ANZ
Capital is another reason the dividend is in focus. ANZ reported its Level 2 CET1 ratio at 12.39% as of March 31, and said “current capital levels are appropriate.” The bank added there won’t be a discount on the DRP, and the DRP will be neutralised with on-market share buys. ANZ
ANZ ASX:ANZ will open 27 branches for Saturday trading from June 27, offering home loans, relationship banking and specialist support, but no over-the-counter deposits or withdrawals. The bank said it wants to make banking fit customer schedules. “We’re making banking fit around our customers’ lives,” said ANZ group executive Australia retail Pedro Rodeia. ANZ One operating item and the dividend are on the calendar this week.
ANZ’s dividend timeline shows July 1 for its next payout, then Nov. 12 for the ex-dividend date on the second-half dividend, and Dec. 18 for the second-half payment.
