Magellan Financial Group Dividend
Dividend criteria checks 4/6
Magellan Financial Group is a dividend paying company with a current yield of 7.22% that is well covered by earnings.
Key information
7.2%
Dividend yield
58%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$1.12 |
| Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Magellan Financial Group Limited's (ASX:MFG) Earnings Are Not Doing Enough For Some Investors
Mar 18
Magellan 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 14Should You Or Shouldn't You: A Dividend Analysis on Magellan Financial Group Limited (ASX:MFG)
Mar 10Trade 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 17Magellan Financial Group Limited (ASX:MFG) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates
Feb 12Shareholders Of Magellan Financial Group (ASX:MFG) Must Be Happy With Their 184% Total Return
Feb 09How Much Are Magellan Financial Group Limited (ASX:MFG) Insiders Taking Off The Table?
Jan 19
What Kind Of Investors Own Most Of Magellan Financial Group Limited (ASX:MFG)?
Dec 29Should Magellan Financial Group Limited (ASX:MFG) Be Part Of Your Dividend Portfolio?
Dec 03Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MFG) | 7.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Capital Markets) | 3.9% |
| Analyst forecast in 3 Years (MFG) | 5.7% |
Notable Dividend: MFG's dividend (7.22%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: MFG's dividend (7.22%) is in the top 25% of dividend payers in the Australian market (6.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.1%), MFG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.3%), MFG's dividend payments are not well covered by cash flows.