Magellan Financial Group Limited (ASX:MFG) Plans Interim Dividend of $0.40

Magellan Financial Group Limited (ASX:MFG) announced a interim dividend on Thursday, February 19th, MarketIndexAU Dividends reports. Investors of record on Monday, March 9th will be paid a dividend of 0.395 per share on Monday, March 9th. This represents a dividend yield of 421.0%. The ex-dividend date is Sunday, February 22nd.

Magellan Financial Group Price Performance

The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 5.57, a price-to-earnings-growth ratio of -0.36 and a beta of 1.01. The company has a quick ratio of 2.41, a current ratio of 7.16 and a debt-to-equity ratio of 0.75.

Magellan Financial Group Company Profile

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.