ASX Flags Lower Dividend Payouts to Meet Regulatory Probe Costs

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000ASX Ltd. lowered its first-half dividend and forecast reduced payouts for the next few years as it grapples with costs tied to a regulatory probe, and starts its hunt for a new chief executive. Australia’s main exchange operator said its interim dividend would be A$1.018 per share, down from A$1.112 a year ago, in a Thursday statementBloomberg Terminal. The stock fell as much as 2.8%.