Macquarie Group Dividends and Buybacks
Dividend criteria checks 4/6
Macquarie Group is a dividend paying company with a current yield of 2.79% that is well covered by earnings. Next payment date is on 17th December, 2024 with an ex-dividend date of 11th November, 2024.
Key information
2.8%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -4.2% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 11 Nov 24 |
| Dividend per share | AU$6.450 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MQG's dividend payments have been volatile in the past 10 years.
Growing Dividend: MQG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Macquarie Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MQG) | 2.8% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Capital Markets) | 3.0% |
| Analyst forecast (MQG) (up to 3 years) | 3.4% |
Notable Dividend: MQG's dividend (2.79%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: MQG's dividend (2.79%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.3%), MQG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MQG's dividends in 3 years are forecast to be covered by earnings (65.1% payout ratio).