ASX:MFGCapital Markets
Magellan Financial Group (ASX:MFG) Is Up 5.3% After Raising Dividends Despite Lower Profit - Has The Bull Case Changed?
Magellan Financial Group reported half-year 2025 results showing revenue of A$121.05 million and net income of A$68.94 million, both lower than a year earlier, while basic earnings per share from continuing operations eased to A$0.403.
Despite softer revenue and profit, Magellan lifted its dividend, grew income from partnerships such as Barrenjoey Capital Partners, and maintained a debt-free balance sheet, underlining a shift toward external investment income as support for shareholder...