UPDATE: Investors are eyeing a potential passive income of $1,220 from a $20,000 investment in ANZ Group Holdings Ltd (ASX: ANZ) shares, as new reports confirm attractive dividend payouts may continue for years to come. With market fluctuations and shifting valuations, NOW is the time to consider the implications of these developments.
ANZ’s recent financial year results have sparked interest among investors. The bank has maintained its annual dividend at $1.66 per share, despite a significant 14% drop in net profit to $5.8 billion. This stability in dividends is crucial as it suggests a solid return for shareholders, even amidst challenging financial conditions.
According to forecasts from CMC Markets, ANZ is expected to offer a dividend yield of 4.75% without franking credits and 6.1% with them for the financial year 2026. This translates into an estimated $950 in cash payments for investors holding $20,000 worth of shares, potentially rising to $1,220 when including franking credits.
Looking ahead to FY27, analysts predict a slight increase in the annual dividend to $1.69 per share, which would represent a 1.8% year-over-year growth. This projected growth could enhance the cash dividend yield to 4.8% in FY26 and a grossed-up yield of 6.2% with franking credits.
However, not all analysts are optimistic. Since 12 November 2025, ANZ’s share price has dropped approximately 10%, raising questions about its attractiveness. Currently, there are 16 analyst ratings on ANZ: four ‘sell’, eight ‘hold’, and four ‘buy’, with a ‘hold’ recommendation dominating the sentiment.
The question on many investors’ minds is whether now is the right time to buy ANZ shares. While the potential for passive income is compelling, some analysts suggest exploring other opportunities in the market, as the current climate may not favor ANZ’s investment appeal.
Investors are urged to weigh their options carefully. Will you seize the opportunity to invest in ANZ shares now, or will you wait for more favorable conditions? As the financial landscape evolves, staying informed is crucial for maximizing returns.
Stay tuned for further updates on this developing story.

































