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The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has updated its previous announcement regarding the dividend distribution, correcting the fully franked total dividend to 46.9 cents from the initially stated 25.9 cents. This adjustment affects the Final Dividend, Performance Fee Dividend, and Special Dividend, reflecting a significant increase in shareholder returns for the period ending June 30, 2025.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$7.40 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd operates in the financial services industry, primarily focusing on investment management. The company offers a range of financial products and services, including managed funds and investment strategies, catering to both retail and institutional investors.
Average Trading Volume: 651,612
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
See more insights into MFG stock on TipRanks’ Stock Analysis page.