Magellan Financial G Dividend yield




   AUD/share 
 Price  35.37
 Dividend  2.11
 Earnings  1.47
 Cash-flow  2.18
 Book value  5.36
 Equity  5.55

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 paid a total dividend of 388 million AUD last year, for a market value of 6,508 millions (Market Cap 4,876 millions). Dividend per share of Magellan Financial G is 2.11 AUD, and his stock market price 35.37 AUD.

According to the chart below, where dividend yield is displayed, Magellan Financial G has a dividend yield of 5.97%, 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 dividend yield with other Financial Services companies or firms from Australia.

Dividend yield of Magellan Financial G

Magellan Financial G Dividend Payout

About the ability of Magellan Financial G to maintain his current dividend of AUD 2.11 per share, an amount that accounts for 5.97%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Magellan Financial G payout on ernings is currently 143.54%, which is higher than the market average, and companies of Financials industry, which are 39.27% and 39.00% 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 2.18 per share, which is higher than the dividend per share paid by the company of AUD 2.11, 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 payout

Magellan Financial G Dividend History

Year Yield  AUD  Paypout  Shares* 
Present5.97%2.11143.54%184
20204.00%2.1597.73%182
20193.25%1.8588.52%182
20185.71%1.34110.74%176
20173.18%0.8675.44%172
20163.91%0.8971.77%160

*In millions

Magellan Financial G Stock performance

Finally, last moth Magellan Financial G showed a return of -18.40% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a -37.60% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Australia and Financial Services firms.

Magellan Financial G stock and market return