Aug 13 (Reuters) - Challenger Ltd CGF.AX :
* FY20 TARGETING NORMALISED NET PROFIT BEFORE TAX BETWEEN $500 MILLION AND $550 MILLION
* IN FY20 CHALLENGING OPERATING CONDITIONS ARE EXPECTED TO PERSIST FOR DOMESTIC SALES
* CHALLENGER'S DIVIDEND IS EXPECTED TO BE MAINTAINED AT 35.5 CENTS PER SHARE IN FY20
* FY NORMALISED NET PROFIT BEFORE TAX $548 MILLION, UP $1 MILLION