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Suncorp board authorizes special dividend

Australia-based Suncorp Group Ltd.'s board authorized a fully franked special dividend of 8 cents per share.

The payment date is May 3, the record date is April 2, while the ex-dividend date is April 1.

The special dividend comes after the completion of the sale of Suncorp's Australian life business to TAL Dai-ichi Life Australia Pty Ltd.