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Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.

Magellan Financial Dividend Announcement

Magellan Financial announced a semi annually dividend of A$0.36 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-20
Magellan Financial annual dividend for 2024 was A$0.65
Magellan Financial annual dividend for 2023 was A$0.77
Magellan Financial's trailing twelve-month (TTM) dividend yield is 6.47%
Magellan Financial's payout ratio for the trailing twelve months (TTM) is 56.55%
Magellan Financial's dividend growth over the last five years (2018-2023) was -10.58% year
Magellan Financial's dividend growth over the last ten years (2013-2023) was 13.59% year

Magellan Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-20A$0.36semi annually2024-09-04
2024-02-20A$0.29semi annually
2023-08-23A$0.30semi annually2023-09-07
2023-02-21A$0.47semi annually2023-03-08
2022-08-22A$0.69semi annually2022-09-06
2022-02-23A$1.10semi annually2022-03-08
2021-08-23A$1.14semi annually2021-09-23
2021-02-16A$0.97semi annually2021-02-25
2020-08-17A$1.22semi annually2020-08-26
2020-02-18A$0.93semi annually2020-02-27
2019-08-16A$1.11semi annually2019-08-29
2019-02-19A$0.74semi annually2019-02-28
2018-08-14A$0.90semi annually2018-08-27
2018-02-09A$0.45semi annually2018-02-20
2017-08-15A$0.47semi annually2017-08-28
2017-02-21A$0.38semi annually2017-03-02
2016-08-17A$0.38semi annually2016-08-26
2016-02-23A$0.51semi annually2016-03-04
2015-08-17A$0.38semi annually2015-08-26
2015-02-25A$0.37semi annually2015-03-09
2014-08-20A$0.22semi annually2014-09-01
2014-02-25A$0.17semi annually2014-03-10
2013-09-13A$0.17semi annually2013-10-11
2013-02-26A$0.05semi annually2013-04-10

Magellan Financial Dividend per year

Magellan Financial Dividend growth

Magellan Financial Dividend Yield

Magellan Financial current trailing twelve-month (TTM) dividend yield is 6.47%. Interested in purchasing Magellan Financial stock? Use our calculator to estimate your expected dividend yield:

Magellan Financial Financial Ratios

P/E ratio5.76
PEG ratio0.28
P/B ratio1.79
ROE32.29%
Payout ratio56.55%
Current ratio7.16
Quick ratio7.16
Cash Ratio6.00

Magellan Financial Dividend FAQ

How much is the next Magellan Financial dividend?
Magellan Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Magellan Financial dividend. The next Magellan Financial dividend will be released in February, or August.
When is Magellan Financial dividend paid?
Magellan Financial pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Magellan Financial pay?
The specific amount of Magellan Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Magellan Financial's dividend history.
Does Magellan Financial stock pay dividends?
Yes, Magellan Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Magellan Financial's dividend history.
How much dividend does Magellan Financial pay?
Magellan Financial paid A$0.651 in 2024, A$0.769 in 2023, A$1.79 in 2022, A$2.112 in 2021, and A$2.149 in 2020.
How often does Magellan Financial pay dividends?
Magellan Financial typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and August.
What is Magellan Financial's dividend yield?
The current dividend yield for Magellan Financial is 6.47%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Magellan Financial's exact dividend yield.
When does Magellan Financial go ex dividend?
Magellan Financial's ex-dividend date for the latest dividend was on 2024-08-20. Magellan Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Magellan Financial dividend paid?
Magellan Financial pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will Magellan Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Magellan Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Magellan Financial dividend per share?
Magellan Financial paid A$0.651 per share in 2024 and A$0.769 per share in 2023. The amount of dividend per share that Magellan Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Magellan Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Magellan Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Magellan Financial a dividend stock?
Yes, Magellan Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Magellan Financial a good dividend stock?
Whether Magellan Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Magellan Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Magellan Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Magellan Financial pay dividends monthly?
Magellan Financial typically pays dividends on a semi annually basis.
Does Magellan Financial pay dividends quarterly?
Magellan Financial currently pays dividends on a semi annually basis.
Has Magellan Financial ever paid a dividend?
Yes, Magellan Financial has a history of paying dividends to its shareholders. Magellan Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Magellan Financial dividend stocks?
To buy Magellan Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Magellan Financial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Magellan Financial pay dividends 2024?
Magellan Financial pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Magellan Financial increase its dividend in 2024?
Decisions regarding Magellan Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Magellan Financial dividend overview you can look into the above table of dividend history.
How Magellan Financial dividend works?
The Magellan Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Magellan Financial's dividend process works:

1. Determination of Dividend: Magellan Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Magellan Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Magellan Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Magellan Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Magellan Financial dividends paid?
Magellan Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Magellan Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Magellan Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Magellan Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Magellan Financial pay dividends?
Magellan Financial typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Magellan Financial pay dividends?
The general pattern is that Magellan Financial pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Magellan Financial dividend safe?
The safety of Magellan Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Magellan Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Magellan Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.