Magellan Financial Group Dividends and Buybacks
Dividend criteria checks 4/6
Magellan Financial Group is a dividend paying company with a current yield of 7.02% that is well covered by earnings.
Key information
7.0%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.528 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Vinva Partnership And Global Expansion May Improve Future Prospects, But Fee Pressures And Outflows Could Challenge Profitability
Mar 13 New leadership and strategic execution could enhance business stability, client trust, and earnings.Magellan Financial Group Limited's (ASX:MFG) 26% Dip In Price Shows Sentiment Is Matching Earnings
Feb 23
Magellan Financial Group Limited (ASX:MFG) Just Beat Earnings: Here's What Analysts Think Will Happen Next
Feb 21Lacklustre Performance Is Driving Magellan Financial Group Limited's (ASX:MFG) Low P/E
Nov 20Earnings Beat: Magellan Financial Group Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 16Magellan Financial Group Limited's (ASX:MFG) Prospects Need A Boost To Lift Shares
Jul 04Magellan Financial Group Limited's (ASX:MFG) Earnings Are Not Doing Enough For Some Investors
Mar 18Magellan Financial Group's (ASX:MFG) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 17Magellan Financial Group Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 16There's No Escaping Magellan Financial Group Limited's (ASX:MFG) Muted Earnings Despite A 28% Share Price Rise
Dec 18It's Unlikely That Magellan Financial Group Limited's (ASX:MFG) CEO Will See A Huge Pay Rise This Year
Oct 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: MFG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Magellan Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MFG) | 7.0% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.5% |
| Industry Average (Capital Markets) | 3.6% |
| Analyst forecast (MFG) (up to 3 years) | 5.8% |
Notable Dividend: MFG's dividend (7.02%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: MFG's dividend (7.02%) is in the top 25% of dividend payers in the Australian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.3%), MFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.2%), MFG's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/03 13:44 |
| End of Day Share Price | 2025/04/03 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Magellan Financial Group Limited is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lara Tufegdzic | BofA Global Research |
| Anthony Hoo | CLSA |
| Thiva Nagaratnam | CLSA |