Perpetual Ltd (ASX:PPT) has forecast full year underlying net profit will be broadly in line with the $73 million achieved a year earlier.
Net profit will be impacted by a $10.6 million write-down of goodwill on it smartsuper business, in addition to costs of $3 million after tax relating to a takeover bid from US private equity firm Kohlberg Kravis Roberts.
The wealth manager has also advised that it expects to declare a final dividend of around $0.90 per share, fully franked.
Perpetual says surplus capital and a strong cash flow capacity will enable it to pay more than its dividend policy.
In the first half of its 2011 financial year Perpetual posted a net profit of $35 million.
