Magellan Financial G Dividend yield

Magellan Financial G is part of Financial Services business, which is part of Financials industry. Magellan Financial G is a company from Australia, and his stocks are publicly traded.

Magellan Financial G stock dividend

Magellan Financial G paid a total dividend of 157 million AUD last year, for a market value of 1,620 millions (Market Cap 1,218 millions). Magellan Financial G dividend per share is 0.87 AUD, and his stock market price 8.95 AUD.

According to the chart below, where dividend yield is displayed, Magellan Financial G has a dividend yield of 9.69%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Magellan Financial G stocks dividend with other Financial Services companies or other of the high Australia dividend stocks list.

Magellan Financial G Dividend Payout

About the ability of Magellan Financial G to maintain his current dividend of AUD 0.87 per share, an amount that accounts for 9.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Magellan Financial G payout on ernings is currently 84.47%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Magellan Financial G can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Magellan Financial G is AUD 1.03 per share, which is higher than the dividend per share paid by the company of AUD 0.87, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Magellan Financial G, compared againt world market average, Australia companies, Financials industry and Financial Services sector companies.

Magellan Financial G Dividend History

Below you will find a table with the historical evolution of Magellan Financial G's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	9.69%	0.87	84.47%	181
2022	20.02%	1.79	84.04%	183
2021	9.94%	2.11	144.52%	184
2020	4.00%	2.15	97.73%	182
2019	3.25%	1.85	88.52%	182
2018	5.71%	1.34	110.74%	176
2017	3.18%	0.86	75.44%	172
2016	3.91%	0.89	71.77%	160

*In millions

Magellan Financial G Stock performance

Finally, last moth Magellan Financial G showed a return of -1.30% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -29.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Financial Services firms.