Dividends for Magellan Financial Group in 2024 (Updated Date)
Magellan Financial Group logo
Magellan Financial Group
Price 9.81AUD
0.19 (1.98%)
Dividend Yield 5.99%
Payout Ratio 77.55%
Dividend Growth 0 years
ISIN AU000000MFG4
Ticker MFG
Sector Financial Services
Industry Asset Management
Index S&P/ASX 200
Updated: Jul 18, 2024, 6:10:06 AM (UTC)

Magellan Financial Group Dividends

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Dividend/share amount Ex-dividend Date Payment Date Dividend Yield
Next Dividend $0.294 2/20/24 3/6/24 3.32%
0.23%
Last Dividend $0.398 8/23/23 9/7/23 3.09%

Magellan Financial Group Dividend Calendar

Event Day
Last trading date February 19, 2024
Ex-date February 20, 2024
Record date February 21, 2024
Payable date March 6, 2024

*Dividend data confirmed by the company
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Magellan Financial Group dividend history

Ex-DateAmountVariationDiv. Yield
2024$0.294 61.77% 3.32%
2/20/24$0.2943.32%
2023$0.769 57.04% 8.13%
8/23/23$0.33.09%
2/21/23$0.4695.09%
2022$1.79 15.25% 10.70%
8/22/22$0.6895.30%
2/23/22$1.1015.38%
2021$2.112 1.72% 4.55%
8/23/21$1.1412.59%
2/16/21$0.9711.99%
2020$2.149 16.04% 3.19%
8/17/20$1.221.93%
2/18/20$0.9291.30%
2019$1.852 37.70% 4.43%
8/16/19$1.1142.16%
2/19/19$0.7382.31%
2018$1.345 57.13% 5.12%
8/14/18$0.93.34%
2/9/18$0.4451.74%
2017$0.856 4.14% 3.55%
8/15/17$0.4721.90%
2/21/17$0.3841.64%
2016$0.893 19.23% 3.93%
8/17/16$0.381.60%
2/23/16$0.5132.36%
2015$0.749 95.56% 3.76%
8/17/15$0.3781.90%
2/25/15$0.3711.86%
2014$0.383 78.14% 2.92%
8/20/14$0.2181.70%
2/25/14$0.1651.23%
2013$0.215 377.78% 2.26%
9/13/13$0.1651.43%
2/26/13$0.050.67%
2012$0.045 200.00% 1.83%
9/17/12$0.030.93%
3/13/12$0.0150.88%
2011$0.015 76.59% 1.27%
9/13/11$0.0151.27%
2006$0.0640782.92%
11/14/06$0.0640782.92%

Magellan Financial Group Dividend Analysis

Yield last year
8.13%
3/3
Growth last year
-57.04%
0/3
Years in a row paying
14
1/3
Yield Last 5 years
6.20%
3/3
Growth last 5 years
-10.58%
0/3
Consecutive years of rising dividends
0
0/3
Yield last 10 years
5.03%
3/3
Growth last 10 years
13.59%
3/3
Payout Ratio
77.55%
2/3
Final Score
15/27

Magellan Financial Group FAQ

Holders of Magellan Financial Group shares will enjoy a dividend of $0.294 per share, with a yield of 3.32%.

Magellan Financial Group has set March 6, 2024 as the dividend payment date, where $0.294 per share will be awarded to those who maintain shares until February 19, 2024.

The last dividend paid by Magellan Financial Group to its shareholders was $0.398 per share, carried out on September 7, 2023.

Shareholders of Magellan Financial Group can expect to receive dividends in the months of February and August, in accordance with the company's semiannual payment policy.

For Magellan Financial Group (MFG), the dividend yield last year stood at 8.13%, with an average of 6.20% over the last five years and 5.03% over the last ten years.

Magellan Financial Group's payout ratio in the last fiscal year, set at 77.55%, shows the sufficiency of profits for dividend payment.

For now, Magellan Financial Group is keeping its dividends steady without showing a pattern of increase.