MA Financial Group Dividends and Buybacks

Dividend criteria checks 2/6

MA Financial Group is a dividend paying company with a current yield of 2.13% that is well covered by earnings.

Key information

2.1%

Dividend yield

0.6%

Buyback Yield

Total Shareholder Yield	2.8%
Future Dividend Yield	3.3%
Dividend Growth	15.7%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Payout ratio	90%

Recent dividend and buyback updates

MA Financial Group (ASX:MAF) Is Paying Out A Dividend Of A$0.14

Feb 24

Recent updates

The Price Is Right For MA Financial Group Limited (ASX:MAF) Even After Diving 28%

Apr 09

Revenue Downgrade: Here's What Analysts Forecast For MA Financial Group Limited (ASX:MAF)

Aug 29

MA Financial Group (ASX:MAF) Has Announced A Dividend Of A$0.06

Aug 28

MA Financial Group's (ASX:MAF) Dividend Will Be Increased To A$0.06

Aug 28

Is Now The Time To Put MA Financial Group (ASX:MAF) On Your Watchlist?

Jun 10

MA Financial Group (ASX:MAF) Has Announced That It Will Be Increasing Its Dividend To AU$0.12

Feb 20

Here's Why I Think MA Financial Group (ASX:MAF) Might Deserve Your Attention Today

Feb 19

Is Moelis Australia Limited (ASX:MOE) A Smart Pick For Income Investors?

Apr 18

This Insider Has Just Sold Shares In Moelis Australia Limited (ASX:MOE)

Mar 05

Moelis Australia Limited (ASX:MOE) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Feb 20

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, MAF has been paying a dividend for less than 10 years.

Growing Dividend: MAF's dividend payments have increased, but the company has only paid a dividend for 8 years.

Dividend Yield vs Market

MA Financial Group Dividend Yield vs Market

How does MAF dividend yield compare to the market?
Segment	Dividend Yield
Company (MAF)	2.1%
Market Bottom 25% (AU)	2.5%
Market Top 25% (AU)	5.5%
Industry Average (Capital Markets)	3.4%
Analyst forecast (MAF) (up to 3 years)	3.3%

Notable Dividend: MAF's dividend (2.13%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.45%).

High Dividend: MAF's dividend (2.13%) is low compared to the top 25% of dividend payers in the Australian market (5.53%).

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (89.9%), MAF's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.4%), MAF's dividend payments are thoroughly covered by cash flows.

Discover strong dividend paying companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/25 01:34
End of Day Share Price	2025/10/24 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

MA Financial Group Limited is covered by 5 analysts. 3 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
Richard Coles	Morgans Financial Limited
Lafitani Sotiriou	MST Financial Services Pty Limited
Joseph Licciardi	MST Financial Services Pty Limited

MA Financial Group Dividends and Buybacks

Dividend criteria checks 2/6

Key information

Recent dividend and buyback updates

First half dividend of AU$0.06 announced

Final dividend of AU$0.14 announced

First half dividend of AU$0.06 announced

MA Financial Group Limited Announces Fully Franked Interim Dividend for the Six Months Ended 30 June 2024, Payable on 18 September 2024

MA Financial Group (ASX:MAF) Is Paying Out A Dividend Of A$0.14

Final dividend of AU$0.14 announced

Recent updates

MA Financial Group Limited Reportedly to Buy Massive Logan Hyperdome Complex South of Brisbane for AUD 678 Million

MA Financial Group Limited (ASX:MAF) and Keppel REIT (SGX:K71U) entered into a sale and purchase agreement to acquire Top Ryde City Shopping Centre from Bevillesta Pty Limited for approximately AUD 530 million.

Key Executive recently sold AU$10m worth of stock

Consensus EPS estimates fall by 22%

First half dividend of AU$0.06 announced

First half 2025 earnings released: EPS: AU$0.047 (vs AU$0.084 in 1H 2024)

MA Financial Group Limited to Report First Half, 2025 Results on Aug 21, 2025

Key Executive recently sold AU$3.2m worth of stock

MA Financial Group Limited (ASX:MAF) agreed to acquire IP Generation Pty Ltd for AUD 90.4 million.

Now 22% overvalued after recent price rise

The Price Is Right For MA Financial Group Limited (ASX:MAF) Even After Diving 28%

Investor sentiment deteriorates as stock falls 21%

MA Financial Group Limited, Annual General Meeting, May 29, 2025

Final dividend of AU$0.14 announced

Price target increased by 14% to AU$8.18

Full year 2024 earnings: EPS and revenues exceed analyst expectations

MA Financial Group Limited to Report Fiscal Year 2024 Results on Feb 20, 2025

Expansion Into Singapore And Partnerships Will Open New Opportunities

MA Financial Group Limited's (ASX:MAF) P/E Is On The Mark

MA Financial Group Limited to Launch MA Credit Income Trust

Ma Asset Management Announces the Launch of Interval Fund Ma Specialty Credit Income Fund

Price target increased by 11% to AU$7.36

Getting In Cheap On MA Financial Group Limited (ASX:MAF) Might Be Difficult

Key Executive recently sold AU$12m worth of stock

First half dividend of AU$0.06 announced

MA Financial Group Limited Announces Fully Franked Interim Dividend for the Six Months Ended 30 June 2024, Payable on 18 September 2024

First half 2024 earnings released: EPS: AU$0.084 (vs AU$0.11 in 1H 2023)

Investor sentiment improves as stock rises 17%

MA Financial Group Limited to Report First Half, 2024 Results on Aug 22, 2024

NDC Holdco Pty Ltd agreed to acquire Pacific Smiles Group Limited (ASX:PSQ) from Genesis Capital Manager I Pty Ltd and other for AUD300 million.

Now 21% overvalued

Key Executive recently sold AU$903k worth of stock

Now 20% overvalued

MA Financial Group Limited, Annual General Meeting, May 29, 2024

Now 23% overvalued

MA Financial Group (ASX:MAF) Is Paying Out A Dividend Of A$0.14

Final dividend of AU$0.14 announced

Getting In Cheap On MA Financial Group Limited (ASX:MAF) Might Be Difficult

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.28 in FY 2022)

New minor risk - Shareholder dilution

MA Financial Group Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Consensus EPS estimates fall by 16%

Key Executive recently sold AU$299k worth of stock

Pacific Equity Partners made an offer to acquire Healthia Limited from MA Financial Group Limited (ASX:MAF), Wilson Asset Management (International) Pty Ltd. and Regal Partners Limited (ASX:RPL) for an offer per share of AUD 1.8.

Consensus revenue estimates fall by 12%

Revenue Downgrade: Here's What Analysts Forecast For MA Financial Group Limited (ASX:MAF)

MA Financial Group (ASX:MAF) Has Announced A Dividend Of A$0.06

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.13 in 1H 2022)

Ma Financial Group Limited Announces Dividend for Period of Six Months Ended June 30, 2023, Payment Date Is September 20, 2023

MA Financial Group Limited to Report First Half, 2023 Results on Aug 24, 2023

Key Executive recently sold AU$1.4m worth of stock

Independent Non-Executive Chairman recently sold AU$2.5m worth of stock

Independent Non-Executive Director recently bought AU$88k worth of stock

Investor sentiment deteriorates as stock falls 16%

Key Executive recently sold AU$5.5m worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

MA Financial Group Limited Announces CFO Changes

MA Financial Group Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

MA Financial Group Limited Appoints Nikki Warburton as an Independent Non-Executive Director

Price target decreased to AU$6.43

Less than half of directors are independent

Ma Financial Group Limited Announces Resignation of Graham Lello as Chief Financial Officer, Effective March 31, 2023

Redcape Hotel Group Announces Departure of Dan Brady as Chief Executive Officer, Effective December 31, 2022

MA Financial Group Limited (ASX:MAF) announces an Equity Buyback for AUD 25 million worth of its shares.

Investor sentiment deteriorated over the past week

Key Executive recently sold AU$709k worth of stock

MA Financial Group's (ASX:MAF) Dividend Will Be Increased To A$0.06

First half 2022 earnings released: EPS: AU$0.13 (vs AU$0.10 in 1H 2021)

Dividend/Distribution - Mafma Financial Group Limited Announces Dividend for Period of Six Months Ended June 30, 2022, Payment Date Is September 21, 2022