Magellan Financial Group Limited

ASX:MFG Stock Report

Market Cap: AU$1.9b

Magellan Financial Group Dividends and Buybacks

Dividend criteria checks 4/6

Magellan Financial Group is a dividend paying company with a current yield of 6.36% that is well covered by earnings.

Key information

6.4%

Dividend yield

-0.09%

Buyback Yield

Total Shareholder Yield6.3%
Future Dividend Yield5.1%
Dividend Growth12.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareAU$0.643
Payout ratio44%

Recent dividend and buyback updates

Magellan Financial Group's (ASX:MFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 17
Magellan Financial Group's (ASX:MFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Recent updates

Earnings Beat: Magellan Financial Group Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 16
Earnings Beat: Magellan Financial Group Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Magellan Financial Group Limited's (ASX:MFG) Prospects Need A Boost To Lift Shares

Jul 04
Magellan Financial Group Limited's (ASX:MFG) Prospects Need A Boost To Lift Shares

Magellan Financial Group Limited's (ASX:MFG) Earnings Are Not Doing Enough For Some Investors

Mar 18
Magellan Financial Group Limited's (ASX:MFG) Earnings Are Not Doing Enough For Some Investors

Magellan Financial Group's (ASX:MFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 17
Magellan Financial Group's (ASX:MFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Magellan Financial Group Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 16
Magellan Financial Group Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

There's No Escaping Magellan Financial Group Limited's (ASX:MFG) Muted Earnings Despite A 28% Share Price Rise

Dec 18
There's No Escaping Magellan Financial Group Limited's (ASX:MFG) Muted Earnings Despite A 28% Share Price Rise

It's Unlikely That Magellan Financial Group Limited's (ASX:MFG) CEO Will See A Huge Pay Rise This Year

Oct 14
It's Unlikely That Magellan Financial Group Limited's (ASX:MFG) CEO Will See A Huge Pay Rise This Year

Should You Or Shouldn't You: A Dividend Analysis on Magellan Financial Group Limited (ASX:MFG)

Mar 10
Should You Or Shouldn't You: A Dividend Analysis on Magellan Financial Group Limited (ASX:MFG)

Trade Alert: The CEO, MD & Executive Director Of Magellan Financial Group Limited (ASX:MFG), Brett Cairns, Has Just Spent AU$623k Buying 1.1% More Shares

Feb 17
Trade Alert: The CEO, MD & Executive Director Of Magellan Financial Group Limited (ASX:MFG), Brett Cairns, Has Just Spent AU$623k Buying 1.1% More Shares

Magellan Financial Group Limited (ASX:MFG) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates

Feb 12
Magellan Financial Group Limited (ASX:MFG) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates

Shareholders Of Magellan Financial Group (ASX:MFG) Must Be Happy With Their 184% Total Return

Feb 09
Shareholders Of Magellan Financial Group (ASX:MFG) Must Be Happy With Their 184% Total Return

How Much Are Magellan Financial Group Limited (ASX:MFG) Insiders Taking Off The Table?

Jan 19
How Much Are Magellan Financial Group Limited (ASX:MFG) Insiders Taking Off The Table?

What Kind Of Investors Own Most Of Magellan Financial Group Limited (ASX:MFG)?

Dec 29
What Kind Of Investors Own Most Of Magellan Financial Group Limited (ASX:MFG)?

Stability 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 increased over the past 10 years.


Dividend Yield vs Market

Magellan Financial Group Dividend Yield vs Market
How does MFG dividend yield compare to the market?
SegmentDividend Yield
Company (MFG)6.4%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.1%
Industry Average (Capital Markets)3.0%
Analyst forecast (MFG) (up to 3 years)5.1%

Notable Dividend: MFG's dividend (6.36%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).

High Dividend: MFG's dividend (6.36%) is in the top 25% of dividend payers in the Australian market (6.13%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44%), MFG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (245%), MFG's dividend payments are not well covered by cash flows.


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