ANZ Posts 10% Rise In H1 Profit, Raises Dividend

Australia & New Zealand Banking Group Ltd ANZBY reported a 10% rise in its statutory six-month net profit. ANZ's net profit for the period rose to 2.92 billion Australian dollars ($3 billion). On an adjusted basis, ANZ's net profit climbed 6% to A$2.97 billion. However, analysts were expecting a A$2.96 billion net profit. ANZ raised its dividend by 3% to 66 Australian cents. ANZ shares closed at $24.90 yesterday.