Business
Is the ANZ (ASX:ANZ) share price a buy for dividends?
Is the Australia and New Zealand Banking Group Ltd (ASX: ANZ) share price a buy right now for dividends?
What’s the latest from ANZ?
Last month, the big bank released its update for the first quarter of FY21. It announced an unaudited statutory profit after tax for the quarter to 31 December 2020 of $1.62 billion, with an unaudited cash profit from continuing operations of $1.81 billion – up 54% on the average of the last two quarters of 2020.
ANZ reported that its credit impairment charge was a release of $150 million, compared to a quarterly average impairment charge of $531 million in the second half of FY20 and $827 million in the first half of FY20 (due to COVID-19 impacts).
However, ANZ said that its profit before…
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