Income Asset Management Group Share Price and Company Fundamentals
Last traded: Yesterday at 2:01 AM
Income Asset Management Group Limited provides solutions for fixed income investors across treasury management, cash, bonds, debt capital markets, and asset management in Australia. It operates an online cash management platform that streamlines the process of investing in term deposits and at call accounts; and provides direct fixed income investment, funds management, and cash and term deposits. The company also provides asset management incubator services for fund managers to establish and grow their portfolio management capability; and treasury management services. It serves self-managed super funds, financial planners, fund managers, the wholesale market, custodians, and superannuation funds. The company was formerly known as Cashwerkz Limited and changed its name to Income Asset Management Group Limited in August 2021. Income Asset Management Group Limited was founded in 1987 and is based in Brisbane, Australia.
|Primary activities||Income Asset Management Group enables investors seeking an income, rather than capital gain, to research and compare a range of investment alternatives. We provide a transparent and friendly platform, to find either direct investments or Funds managed b|
|Industry / Sector||Asset Management / Financial Services|
|Mailing address||262 Adelaide Street Level 1 Brisbane QLD 4000 Australia|
|Phone / Fax||61 7 3020 3020 / 61 7 3020 3080|
|Share registry||BOARDROOM PTY LIMITED|
Income Asset Management Group paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IAM dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
IAM's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Aug 2022, following are the company executives and directors listed on Income Asset Management Group.
|Mr. John Paul Nantes B.A., B.Comm, LLB||Exec. Chairman||198k|
|Mr. Jonathan Lechte||Chief Exec. Officer||230.19k|
|Mr. Craig Swanger B.Com., BCom (Hons)||Exec. Director||60k|
|Mr. Matthew Loughnan||Chief Commercial Officer||233.4k|
|Ms. Clare Power||Chief Financial Officer|
|Ms. Vanessa Chidrawi||Company Sec.|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Income Asset Management Group is and its enterprise value is .
The IAM's stocks Beta value is 0.83 making it 17% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Income Asset Management Group (ASX:IAM) Frequently Asked Questions
1. What is Income Asset Management Group's Stock Symbol?
Income Asset Management Group trades on ASX under the ticker symbol "IAM".
2. What is Income Asset Management Group's stock price today?
One share of IAM stock can currently be purchased for approximately $0.17.
3. How can I contact Income Asset Management Group?
Income Asset Management Group's mailing address is 262 Adelaide Street Level 1 Brisbane QLD 4000 Australia. The company can be reached via phone at 61 7 3020 3020.
4. What is Income Asset Management Group's official website?
The official website of Income Asset Management Group is https://www.incomeam.com.
5. Which share registry manages Income Asset Management Group's stock?
Income Asset Management Group's stock is managed by BOARDROOM PTY LIMITED.