Magellan Financial Group Limited Stock Dividends
Magellan Financial Group Limited Stock Dividends Overview
MFG.AX pays dividends biannually. Last paid amount was $0.294 at Mar 06, 2024. As of today, dividend yield (TTM) is 6.49%.
Dividend Yield Range
AI Analysis of MFG.AX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.49% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | -2.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.294 |
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Magellan Financial Group Limited has not yet announced its next dividend date. Last payment date was: Mar 06, 2024.
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MFG Dividend Payout History
To ensure a understanding of MFG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 20, 2024 | Feb 20, 2024 | Mar 06, 2024 | $0.294 | 3.19% |
| 2 | Aug 23, 2023 | Aug 23, 2023 | Sep 07, 2023 | $0.300 | 3.30% |
| 3 | Feb 21, 2023 | Feb 21, 2023 | Feb 21, 2023 | $0.469 | 5.09% |
| 4 | Aug 22, 2022 | Aug 22, 2022 | Aug 22, 2022 | $0.689 | 5.30% |
| 5 | Feb 23, 2022 | Feb 23, 2022 | Feb 23, 2022 | $1.10 | 5.38% |
| 6 | Aug 23, 2021 | Aug 23, 2021 | Aug 23, 2021 | $1.14 | 2.59% |
| 7 | Feb 16, 2021 | Feb 16, 2021 | Feb 16, 2021 | $0.97 | 1.99% |
| 8 | Nov 14, 2019 | Aug 17, 2020 | Aug 26, 2020 | $1.22 | 2.01% |
| 9 | Nov 14, 2019 | Feb 18, 2020 | Feb 27, 2020 | $0.93 | 1.56% |
| 10 | Nov 13, 2018 | Aug 16, 2019 | Aug 29, 2019 | $1.11 | 2.27% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
MFG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MFG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MFG stock here.
Comparing MFG to Sector and Country
MFG.AX pays a solid dividend yield of 6.49%, which is higher than the average of the bottom 25% of dividend payers in the AU market (2.90%). MFG.AX’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the AU market (10.17%), which means that there are more attractive dividend stocks to consider.
