ASX:IAGInsurance
Is Insurance Australia Group’s (ASX:IAG) Higher Dividend With Softer Earnings Reframing Its Capital Allocation Story?
Insurance Australia Group Limited reported full-year 2026 results showing net income of A$1,022 million, lower earnings per share than the prior year, and premium growth to A$18.40 billion, while the Board approved an increased ordinary final dividend of 20.0 cents per share, bringing the full-year payout to 32.0 cents.
An interesting angle for investors is that IAG lifted its dividend and set a FY27 insurance margin guidance range of 14.5% to 16.5%, despite ongoing pressure from elevated...