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Bank dividends roughen profit season

Bank dividends are in decline and a frozen payout would count as a good outcome for shareholders. But they should be set for disappointment even on that. An unhappy banking profit season will chastise the chasers and the CEOs and CFOs facing the music. Shayne Elliot’s ANZ is the first bank to report on Thursday, followed by Macquarie on Friday and NAB and Westpac next week. read more

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