Monday, August 2, 2010

Long Term View: ANZ Banking Group Ltd



In this series of posts I am going to be looking at stocks listed on the NZX in relation to their returns to shareholders over the life of their listing -what shareholders would now see in their back pockets if they had invested in the company IPO. The calculation of returns includes dividends and tax credits.

ANZ Banking Group Ltd [ANZ.NZ] has been a stellar investment for shareholders since its September 1969 listing* on the ASX at AU $2 per share and 1988 listing on the NZX. With $19.66c in net dividends, (see NZX chart above and ASX chart here ) and numerous share splits, bonus issues and rights issues; 1:10 bonus issue 1984 ,1:10 bonus issue 1985, 1:5 bonus issue 1986, 1:2 bonus issue 1987, 2:11 rights issue in 2003 (see prospectus) a 2004 capital raising, a 2007 capital raising a convertible preference share issue in 2008 (see prospectus) a public and private capital raising in 2009, gives ANZ an 2100% return (see chart below for the share price percentage gain against the average of all NZX indexes - does not include dividends, tax credits and the share split in its calculation) and over the nearly 41 year listing of ANZ an annual net return of 51.21 %**!.

This is the best return of any stock in the Long Term View series.


* We will look at the full history for this Australian stock that listed in 1969 on the ASX and December 1988 for a New Zealand listing on the NZX.

** For holders of New Zealand listed shares the annual return has been just over 39 % since available data based on a 1996 share price of NZ$7.00. This is approx 400% better than the return from the average of all NZX indexes.

! This compares to a 51.21% return for WBC Bank over 40 years.





Long Term View Series

Auckland International Airport
Air New Zealand
AMP Ltd
Briscoe Group Ltd
Cavalier Corporation Ltd
Contact Energy Ltd
Delegats Group Ltd
EBOS Group Ltd
Fletcher Building Ltd
Fisher & Paykel Appliances
Fisher & Paykel Healthcare
Freightways Ltd
Goodman Fielder Ltd
Hallenstein Glasson Holdings Ltd
Hellaby Holdings Ltd
Kirkcaldie & Stains Ltd
Kiwi Income Property Trust Ltd
Mainfreight Ltd
Michael Hill International Ltd
Metlifecare Ltd
Methven Ltd
New Zealand Refining Ltd
New Zealand Stock Exchange Ltd
Nuplex Industries Ltd
PGG Wrightson Ltd
Port Of Tauranga Ltd
Postie Plus Group Ltd
Pumpkin Patch Ltd
Restaurant Brands Ltd
Ryman Healthcare Ltd
Sanford Ltd
Skellerup Ltd
Sky City Entertainment Group Ltd
Sky Network Television Ltd
Steel & Tube Ltd
Telecom NZ Ltd
Telstra Corp Ltd
Tourism Holdings Ltd
Turners Auctions Ltd
Turners & Growers Ltd
The Warehouse Group Ltd
Wakefield Health Ltd

ANZ Banking Group Ltd @ Share Investor

View 10 Year Summary for ANZ
ING & ANZ duped "investors" can take their own action

Discuss ANZ @ Share Investor Forum
Download ANZ Company Reports


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