ASX:MFG

Magellan Financial Group (MFG) Stock Price, News & Analysis

Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
450,834 shs
Average Volume
N/A
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
5.95%
Price Target
N/A
MFG stock logo

About Magellan Financial Group Stock (ASX:MFG)

Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.

MFG Stock News Headlines

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Magellan Financial Group Ltd's Dividend Analysis
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
Magellan Financial Group Ltd.
Magellan Financial Group Ltd
See More Headlines
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Company Calendar

Last Earnings
8/13/2019
Ex-Dividend for 3/5 Dividend
2/19/2024
Dividend Payable
3/05/2024
Today
4/23/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
111
Year Founded
N/A

Profitability

Net Income
$202.96 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$401.48 million
Book Value
A$5.18 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.03
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Key Executives

  • Ms. Kirsten Elizabeth Morton
    COO & CFO
  • Ms. Marcia Paulina Venegas
    Chief Risk, Chief Compliance Officer & Company Secretary
  • Ms. Rebecca Smith
    Head of Strategy & Special Projects
  • Mr. Andrew James Formica
    Executive Chairman
  • Mr. Gerald Stack
    Head of Investments & Infrastructure and Portfolio Manager
  • Mr. Ryan Joyce C.F.A.
    Portfolio Manager & Sector Head of Financials & Technology Sector
  • Mr. Leo Quintana
    Chief Legal Officer
  • Mr. Mark Burgess
    Head of Distribution & Marketing
  • Ms. Nikki Thomas C.F.A.
    Head of Research, Portfolio Manager & Co-Portfolio Manager of Global Equity Strategies
  • Mr. Greg Dring
    Portfolio Manager & Co-Head Franchises

MFG Stock Analysis - Frequently Asked Questions

How were Magellan Financial Group's earnings last quarter?

Magellan Financial Group Limited (ASX:MFG) issued its quarterly earnings results on Tuesday, August, 13th. The company reported $2.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.05. Magellan Financial Group had a net margin of 50.55% and a trailing twelve-month return on equity of 21.54%.

How often does Magellan Financial Group pay dividends? What is the dividend yield for Magellan Financial Group?

Magellan Financial Group declared a Interim dividend on Friday, February 16th. Shareholders of record on Tuesday, March 5th will be paid a dividend of 0.294 per share on Tuesday, March 5th. This represents a dividend yield of 3.12%. The ex-dividend date of this dividend is Monday, February 19th.
Read our dividend analysis for MFG
.

Is Magellan Financial Group a good dividend stock?

Magellan Financial Group (ASX:MFG) pays an annual dividend of A$0.59 per share and currently has a dividend yield of 5.95%. MFG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 52.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MFG.

What other stocks do shareholders of Magellan Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magellan Financial Group investors own include Alaska Air Group (ALK), Altium (ALU), IGM Financial (IGM), Mineral Resources (MIN), REA Group (REA), Sibanye Gold (SBGL), Shopify (SHOP), Synchronoss Technologies (SNCR), ALS (ALQ) and ARB (ARB).

This page (ASX:MFG) was last updated on 4/24/2024 by MarketBeat.com Staff

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