ASX:MFG Magellan Financial Group (MFG) Stock Price, News & Analysis → The 'Smart Money' Is Ready for May 1st Are You? (From Stansberry Research) (Ad) Free MFG Stock Alerts Add Compare Share Share Today's Range N/A50-Day Range N/A52-Week Range N/AVolume450,834 shsAverage VolumeN/AMarket CapitalizationN/AP/E RatioN/ADividend Yield5.95%Price TargetN/A Stock AnalysisStock Analysis Get Magellan Financial Group alerts: Email Address Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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.Read More Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. MFG Stock News HeadlinesApril 21, 2024 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Magellan Financial Group StockMarch 24, 2024 | finance.yahoo.comMagellan Financial Group (ASX:MFG) earnings and shareholder returns have been trending downwards for the last three years, but the stock increases 7.8% this past weekApril 23, 2024 | Stansberry Research (Ad)The "Smart Money" Is Ready for May 1st Are You?Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company. March 18, 2024 | fool.com.auShares vs. property: Which Australian states and ASX stocks are delivering the best passive income?March 6, 2024 | msn.comAustralian Stocks: Magellan Financial (MFG) Shares Surge on Positive FUM UpdateMarch 6, 2024 | fool.com.auMagellan share price leaps 8% as funds grow up and flow outFebruary 19, 2024 | finance.yahoo.comMagellan Financial Group Ltd's Dividend AnalysisFebruary 17, 2024 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy Magellan Financial Group Limited (ASX:MFG) Before It Goes Ex-DividendApril 23, 2024 | Stansberry Research (Ad)The "Smart Money" Is Ready for May 1st Are You?Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company. February 15, 2024 | afr.comMagellan reveals Barrenjoey’s $10 million halfFebruary 14, 2024 | afr.comMagellan confirms Sophia Rahmani as its next CEOFebruary 8, 2024 | wsj.comMagellan Financial Group Ltd.February 8, 2024 | finance.yahoo.comInstitutions own 40% of Magellan Financial Group Limited (ASX:MFG) shares but individual investors control 54% of the companyFebruary 5, 2024 | fool.com.auDown 1%: Here's why the Magellan share price is having an awful TuesdayJanuary 8, 2024 | fool.com.auMagellan share price snapping back to reality amid competitive gravityJanuary 8, 2024 | msn.comHere’s Why ASX-Listed Magellan Financial Shares Fell TodayJanuary 8, 2024 | afr.comCiti downgrade derails mega Magellan share price rallyJanuary 5, 2024 | fool.com.auWhy are Magellan shares charging higher on Friday?December 6, 2023 | fool.com.auTurnaround? Here's why the Magellan share price is bouncing todayNovember 21, 2023 | afr.comNvidia’s China hit shows tech quandary facing Magellan, super fundsNovember 11, 2023 | morningstar.comMagellan Financial Group LtdNovember 10, 2023 | msn.comThe Ethical Investor: ‘First strikes’ on Qantas, Woolworths, and Magellan turn focus on ESG-linked payNovember 8, 2023 | reuters.comAustralia's Magellan Financial shareholders vote against remuneration reportNovember 5, 2023 | fool.com.auWhat's going on with the Magellan share price today?October 24, 2023 | fool.com.auMagellan shares plummet after CEO heads for the exitOctober 24, 2023 | fool.com.auWhy the Magellan share price could come under 'further pressure'October 16, 2023 | afr.comCatalano hails ‘$600m man’ after Magellan yields to BoltonSee More Headlines Receive MFG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magellan Financial Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/13/2019Ex-Dividend for 3/5 Dividend2/19/2024Dividend Payable3/05/2024Today4/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeASX SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolASX:MFG CUSIPN/A CIKN/A Webwww.magellangroup.com.au Phone+61-2-92354888FaxN/AEmployees111Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)A$1.12 Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth-0.36Net Income$202.96 million Net Margins50.55% Pretax MarginN/A Return on Equity21.54% Return on Assets15.92% Debt Debt-to-Equity Ratio0.95 Current Ratio3.38 Quick Ratio2.41 Sales & Book Value Annual Sales$401.48 million Price / Sales0.00 Cash FlowN/A Price / Cash Flow23.21 Book ValueA$5.18 per share Price / BookN/AMiscellaneous Outstanding Shares180,750,000Free FloatN/AMarket CapN/A OptionableNot Optionable Beta1.03 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMs. Kirsten Elizabeth MortonCOO & CFOMs. Marcia Paulina VenegasChief Risk, Chief Compliance Officer & Company SecretaryMs. Rebecca SmithHead of Strategy & Special ProjectsMr. Andrew James FormicaExecutive ChairmanMr. Gerald StackHead of Investments & Infrastructure and Portfolio ManagerMr. Ryan Joyce C.F.A.Portfolio Manager & Sector Head of Financials & Technology SectorMr. Leo QuintanaChief Legal OfficerMr. Mark BurgessHead of Distribution & MarketingMs. Nikki Thomas C.F.A.Head of Research, Portfolio Manager & Co-Portfolio Manager of Global Equity StrategiesMr. Greg DringPortfolio Manager & Co-Head FranchisesMore ExecutivesKey Competitors360 Capital GroupASX:TGP360 Capital Mortgage REITASX:TCF3i GroupOTCMKTS:TGOPF3i GroupOTCMKTS:TGOPYAB Industrivärden (publ)OTCMKTS:IDDTFView All CompetitorsInsidersDeborah Page AMBought 6,200 shares on 3/1/2024Total: $50,406.00 ($8.13/share)John EalesSold 235,377 sharesTotal: $23,537.70 ($0.10/share)Deborah Page AMSold 23,323 sharesTotal: $2,332.30 ($0.10/share)Colette GarnseySold 28,710 sharesTotal: $200,395.80 ($6.98/share)Andrew FormicaBought 40,000 shares on 10/26/2023Total: $249,560.00 ($6.24/share) 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 data on Tuesday, August, 13th. The company reported $2.06 earnings per share for the quarter, beating analysts' consensus estimates of $2.01 by $0.05. Magellan Financial Group had a trailing twelve-month return on equity of 21.54% and a net margin of 50.55%. How often does Magellan Financial Group pay dividends? What is the dividend yield for Magellan Financial Group? Magellan Financial Group announced a Interim dividend on Friday, February 16th. Stockholders of record on Tuesday, March 5th will be given a dividend of 0.294 per share on Tuesday, March 5th. This represents a dividend yield of 3.12%. The ex-dividend date 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). 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