Magellan Financial Group Dividend History ASX MFG Dividends Yield and Payout Ratio
Magellan Financial Group paid dividend of 29.4c per share on 06 Mar 2024. The ex-dividend date for this dividend was 20 Feb 2024. The dividend amount was paid at franking rate of 50%. Magellan Financial Group is paying dividends since or before Oct 2011.
The dividend yield of MFG is 7.10%. The dividend yield is defined as amount of dividend paid divided by the share price.
The average dividend yield in last 5 years is 8.40%. The MFG dividend payout ratio is 77.55%. The dividend payout ratio is defined as dividend amount divided by earning per share (EPS). If the dividend payout ratio is more than 100% then it means the company is paying more in dividend than what it is currently earning. For a good dividend paying company the ideal payout ratio should be less than 70%.
Key Dividend Metrics
Related: Magellan Financial Group Stock and Company Fundamentals
Magellan Financial Group (ASX:MFG) Latest Dividend
Following is the latest dividend details announced to the eligible shareholders of Magellan Financial Group (ASX:MFG). The dividend was paid to those shareholders who held the shares until the ex-dividend date.
| Ex. Dividend Date | Tuesday, 20 Feb 2024 |
|---|---|
| Dividend Payment Date | Wednesday, 06 Mar 2024 |
| Dividend Amount | 29.4c |
| Franking Rate | 50% |
| Dividend Type |
Magellan Financial Group Dividend History
Following table shows the history of dividend amount, ex-dividend date, payment date for Magellan Financial Group.
| Ex-Date | Pay-Date | Amount | Franking rate | Type |
|---|---|---|---|---|
| 20 Feb 2024 | 06 Mar 2024 | 29.4c | 50% | |
| 22 Aug 2022 | 06 Sep 2022 | 68.9c | 80% | |
| 23 Feb 2022 | 08 Mar 2022 | 110.1c | 75% | |
| 18 Feb 2020 | 27 Feb 2020 | 92.9c | 75% | |
| 16 Aug 2019 | 29 Aug 2019 | 111c | 75% | |
| 19 Feb 2019 | 28 Feb 2019 | 73.8c | 75% | |
| 14 Aug 2018 | 27 Aug 2018 | 90c | 100% | |
| 09 Feb 2018 | 20 Feb 2018 | 44.5c | 100% | |
| 15 Aug 2017 | 28 Aug 2017 | 47.2c | 100% | |
| 21 Feb 2017 | 02 Mar 2017 | 38.4c | 100% | |
| 17 Aug 2016 | 26 Aug 2016 | 38c | 100% | |
| 23 Feb 2016 | 04 Mar 2016 | 51.3c | 100% | |
| 17 Aug 2015 | 26 Aug 2015 | 37.8c | 100% | |
| 25 Feb 2015 | 09 Mar 2015 | 37.1c | 100% | |
| 20 Aug 2014 | 01 Sep 2014 | 21.8c | 100% | |
| 25 Feb 2014 | 10 Mar 2014 | 16.5c | 100% | |
| 13 Sep 2013 | 11 Oct 2013 | 16.5c | 100% | |
| 26 Feb 2013 | 10 Apr 2013 | 5c | 100% | |
| 17 Sep 2012 | 19 Oct 2012 | 3c | 100% | |
| 13 Mar 2012 | 18 Apr 2012 | 1.5c | 100% | |
| 13 Sep 2011 | 18 Oct 2011 | 1.5c | 100% |
Magellan Financial Group Dividend Frequently Asked Questions
1. What is the ex-dividend date of Magellan Financial Group (MFG)?
The ex-dividend date for most recent dividend of Magellan Financial Group was 20 Feb 2024.
2. What is the payment date for most recent dividend of Magellan Financial Group (MFG)?
As per the latest dividend details, the dividend payment date was 06 Mar 2024.
3. What is the dividend yield of Magellan Financial Group (MFG)?
The trailing twelve months dividend yield of Magellan Financial Group is 7.10%.
4. How often does the Magellan Financial Group (MFG) pays Dividends?
In 2023, Magellan Financial Group paid dividends in making its dividend payment frequency 0 times in a year.
5. What is the dividend payout ratio of Magellan Financial Group (MFG)?
The latest dividend payout ratio of Magellan Financial Group (MFG) was 77.55%.
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