Zacks Investment Research downgraded shares of Australia & New Zealand Banking Group Ltd. (OTCMKTS:ANZBY) from a hold rating to a sell rating in a report published on Monday morning.

According to Zacks, “Austria and New Zealand Banking’s principal activities are the provision of general banking services, hire purchase and general finance, life assurance, property development, mortgage lending and other financial services. The Group operates within Australia, New Zealand, Europe, Asia, the Americas and the Middle East. “

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The business also recently disclosed a None dividend, which will be paid on Tuesday, December 26th. Investors of record on Tuesday, November 14th will be paid a dividend of $0.605 per share. This is a boost from Australia & New Zealand Banking Group’s previous None dividend of $0.60. The ex-dividend date is Monday, November 13th.

About Australia & New Zealand Banking Group

Australia and New Zealand Banking Group Limited provides a range of banking and financial products and services. The Company’s segments include Australia; New Zealand; Institutional; Asia Retail & Pacific; Wealth Australia, and Technology, Services and Operations (TSO) and Group Centre. The Company’s operations span Australia, New Zealand, and a number of countries in the Asia Pacific region, the United Kingdom, France, Germany and the United States.

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